The capital market in India, have a long history, being started more than a century ago. Nearly 30 members have established BSE (Bombay Stock Exchange) in the year 1877. During this period, the Indian Security Markets have been growing and evolving into an efficient and a mature security market in region of Asia. In 1857, the companies Act, consolidated as Joint Stock Companies Act, while, the Companies Act was amended several times, the major amendments were made in 1936 - 1951, 1956 and re-enacted in 2013 for the growth of the Indian Capital Markets. The Security Market of India is one of the best regulated, fastest growing financial market among all other major financial markets in Asia. It is well - placed to face all economic challenges coming in its own way. The capital market plays an important role in promoting economic growth through the short-term and long-term monetary savings mobilizations. The nation's economic and production needs are enabled by these investments. While the Securities market in India is mature and highly integrated, which includes stock markets, national banks, insurance corporations, investment funds, and provident funds.
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