 "BSE gets in-principle regulator nod for SME exchange")
Mumbai: The Bombay Stock Exchange said on Wednesday it has received an in-principle approval from regulator Securities and Exchange Board of India for launching the SME Exchange for small- and mid-sized enterprises.
“This is part of our strategy to offer superior services and products to investors in India,” Madhu Kannan, managing director and chief executive at the Bombay Stock Exchange, said in a statement. “It also ties up well with the governmental agenda of greater financial inclusion and allowing promising enterprises of the future to access retail capital,” Kannan added.
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