Came across SEBI’s consultation paper about this proposal - https://www.sebi.gov.in/media/press-releases/jan-2021/discussion-paper-on-review-of-ownership-and-governance-norms-to-facilitate-new-entrants-to-set-up-stock-exchange-depository_48681.html
Given that a few years back, SEBI’s decisions led to the closure of nearly all the regional stock exchanges, why a change of stance all of sudden?
A news article about that -
Given the level of trust NSE/BSE and CDSL/NSDL enjoy, will new entrants be able to disrupt this space?