16-Apr-2025
Bombay Stock Exchange (BSE)
Economics
Why in News?
The year 2025 marks 150 years since the establishment of the Bombay Stock Exchange (BSE), the oldest stock exchange in Asia and the fastest in the world.
About Bombay Stock Exchange (BSE)
- Established in: 1875 as The Native Share & Stock Brokers' Association
- Asia’s first and the world’s fastest stock exchange
- In 2017, BSE became the first listed stock exchange in India
Role & Functions:
- BSE provides a transparent and efficient platform for trading in: Equity, Currencies, Debt instruments, Derivatives and Mutual funds.
Regulated by: Securities and Exchange Board of India (SEBI)
- SEBI is a statutory body established under the SEBI Act, 1992