After a prolonged wait, the country’s premier stock exchange BSE might be finally ready to kickstart operations of its SME exchange. According to sources, the bourse may throw open the SME platform in the first week of March.An email sent to the exchange with regard to the launch details went unanswered. The exchange had first announced its intention to begin operations as early as November last year.“SMEs are expressing concern over the status of the SME platforms on the two exchanges,” said C Salunkhe, president, SME Chamber of India. “Over 92% of the more than 30 million SMEs don’t get funding from banks and have to self-finance their operations. Many are interested in tapping the capital market for funds and are looking forward to listing their companies on the SME exchanges,” he added.
Source: Financial Express
No comments:
Post a Comment