Financial Markets

Organised financial markets have existed in India for more than a century -- the Bombay Stock Exchange was founded in 1875. Today, markets of varying maturity exist in equity, debt, commodities and foreign exchange.

Equity

There are 25 stock markets all over the country, the most important of which, are the Bombay Stock Exchange and the National Stock Exchange.

Debt

The National Stock Exchange is India's first organised debt market.

Foreign Exchange

The rupee has been convertible on the current account since 1992.

Some important addresses in the financial sector. .

Centre for Monitoring Indian Economy, Bombay
Contact Addresses for More Information
Last updated: May 1995.