"The Securities and Exchange Board of India is working on the concept paper on SME exchanges. It may soon release the guidelines," Minister of State for Micro, Small and Medium Enterprises Dinsha Patel said at a seminar jointly organised by MCX-SX and the Society for Capital Market Research and Development in New Delhi on Tuesday.
The decision of the Securities and Exchange Board of India to shorten share transaction settlement period from July 2004 will create more hardship for small investors living in far-flung places, a capital market expert said on Tuesday.\n\n\n\n