Mumbai, January 21: With the possibility of handling up to 1,000 initial public offerings (IPOs) in the next two years, the Securities and Exchange Board of India (SEBI) is adopting artificial intelligence (AI) to make the process of reviewing IPO documents in a faster and more efficient way, its Chairperson Madhabi Puri Buch said on Tuesday.

Speaking at the Association of Investment Bankers of India슬롯사이트™s (AIBI) annual convention here, Buch said SEBI is working on a standardised IPO template to simplify the filing process for companies and their merchant bankers. The new template would follow a "fill-in-the-blanks" format. Any information that doesn슬롯사이트™t fit the standard format will be flagged separately for closer review, she told the gathering.슬롯 머신 사이트 추천Google Integrates Gemini AI and Best of Google AI Into Workspace for Unlimited Usage in Existing Plans; Check Details.

This system aims to divide IPO documents into two parts: standard information and exceptional details. By focusing attention on sections that deviate from the template, SEBI hopes to make it easier for its officers to identify and address irregularities. The initiative is expected to save time for both companies and regulators.

슬롯사이트œWith the possibility of handling up to 1,000 IPOs in the next two years, this step will significantly reduce the workload for everyone involved,슬롯사이트 Buch noted. The AI tools will help in three key ways -- document review, online search and content check. SEBI슬롯사이트™s exception reporting mechanism will further improve efficiency. By separating standard and non-standard sections, officers can prioritise their scrutiny where it is most needed, streamlining the review process.

슬롯사이트œThis approach will not only save time but also enhance the overall efficiency of IPO document preparation and review,슬롯사이트 Buch added. Mahavir Lunawat, Chairman, AIBI, said that the initiatives launched at this year슬롯사이트™s convention mark a significant step toward building a robust and future-ready merchant banking ecosystem.슬롯 머신 사이트 추천ChatGPT Developer OpenAI Likely To Announce AI Super-Agents Capable of Performing Tasks at PhD Level.

슬롯사이트œNew initiatives aim to address critical gaps, such as the growing need for skilled professionals and the need for standardising practices. These efforts underscore AIBI슬롯사이트™s commitment to fostering innovation, transparency, and cross-border collaboration to support the nation슬롯사이트™s ambitious economic growth agenda,슬롯사이트 Lunawat added.

(The above story first appeared on LatestLY on Jan 21, 2025 06:57 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).