The Bombay Stock Exchange has received approval to roll out a small and medium enterprises (SME) exchange, The Hindu reports. The BSE SME Exchange will help in raising funds for SMEs. The new bourse has entered into partnerships with various institutions and associations engaged in the development of SMEs. The BSE received the approval more than a year after it had first applied for permission for an SME exchange with the Indian regulator in July 2010, adds The Hindu Business Line.
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