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BSE gets SEBI nod for social exchange: Stock exchange BSE on Friday announced that it has got an in-principle nod from the capital market regulator Securities and Exchange Board of India (SEBI) for the social stock exchange as a separate segment.
October 2022 Current Affairs Quiz
Social stock exchange will enable the listing of non-profit organisations and for-profit social enterprises that are engaged in 15 broad eligible social activities approved by the market regulator.
These social entities can raise funds through equity, issue of zero-coupons zero-principal bonds, MF, social impact funds and development impact bonds.