The Bombay Stock Exchange on Thursday said it has reduced the deposit amount for new members by 90 per cent to Rs 10 lakh with immediate eff...
The Bombay Stock Exchange on Thursday said it has reduced the deposit amount for new members by 90 per cent to Rs 10 lakh with immediate effect.
The BSE has decided to reduce the deposit amount for new deposit-based membership from the existing Rs 100 lakh to Rs 10 lakh with immediate effect.
The reduction would be effective across equity products offered by the exchange, which include cash, derivatives and debt.
As per Sebi norms, no single entity can hold over 5 per cent in an exchange barring some like stock exchanges and banking organizations that can hold up to 15 per cent stake.
