Small and medium enterprises (SMEs)
Asia's oldest bourse, the Bombay Stock Exchange (BSE), today stated that it has been granted an 'in-principle' approval by the capital market watchdog Sebi to launch an exchange exclusively for small and medium enterprises (SMEs).BSE has to now comply with certain conditions like putting in place a trading system, a code for arbitration and sorting out investor grievances, among others, before a final approval is given.
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