Business Standard

BSE eyes tier II cities to expand market

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BS Reporter Kolkata

It is planning to open regional offices in Chennai, Ahmedabad, Hyderabad and Cochin as part of its ongoing expansion operations across the country, said said Madhu Kannan, MD & CEO – BSE here today.

He was in the city to inaugurate the exchange's new office in Kolkata, which is expected to cater to 13 states in the east.

'We already have a Delhi office, we are upgrading it. We will soon open regional offices in Chennai, Ahmedabad, Hyderabad and Cochin,' said Kannan.

Kolkata represents an important trading hub in the East for BSE, and currently it has more than 140 members, with another 25 new memberships in various stages of registration.

 

The expansion. comes on the heels of a new membership drive of BSE , deeper collaboration with its depository subsidiary CDSL (Central Depository Services Ltd.) and increased focus on education and training through its training institute – BTI.

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First Published: Mar 23 2011 | 12:17 AM IST

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