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2 years ago

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NSE was Created as Antidote to BSE. 30 Years Later, India's Effort has Spectacularly Failed

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NSE was Created as Antidote to BSE. 30 Years Later, India's Effort has Spectacularly Failed

The National Stock Exchange was created in the wake of the Harshad Mehta scam as an antidote to the Bombay Stock Exchange (BSE). The latter was seen as a club of brokers who did not follow the basic norms and ethics of running a stock exchange. Thirty years later, the effort to create an independent, well-governed institution to replace the BSE has spectacularly failed, writes senior journalist Yatish Rajawat.

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NSE was Created as Antidote to BSE. 30 Years Later, India's Effort has Spectacularly Failed

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NSE was Created as Antidote to BSE. 30 Years Later, India's Effort has Spectacularly Failed

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