File photo of UK Sinha

File photo of UK Sinha

Sebi to form group to decide fate of regional bourses

Sebi to form group to decide fate of regional bourses

Kolkata: Market regulator Sebi on Friday said it would soon form a group to decide the fate of regional stock exchanges in the country.

File photo of UK Sinha

Speaking at an interactive session with the Bharat Chamber of Commerce, Sinha said regional bourses are not fulfilling any useful purpose.

There are two options for these local bourses - either integrate them with the mainstream financial system or give them an honourable exit, he said.

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