Mumbai is India's financial capital in a literal sense: the central bank, the market regulator, both national stock exchanges, the largest banks and insurers and most of the asset management industry all sit within a few kilometres of each other, between Dalal Street, Nariman Point and Bandra Kurla Complex.
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Dalal Street and Fort
BSE is Asia’s oldest stock exchange, begun in 1875 as the Native Share and Stock Brokers’ Association under a banyan tree near Horniman Circle, and housed since 1980 in the 29-storey Phiroze Jeejeebhoy Towers on Dalal St
Bandra Kurla Complex
NSE was set up in 1992 at the Government’s instance to bring screen-based trading to India and began operations in 1994 from Exchange Plaza in Bandra Kurla Complex.
Lower Parel
MCX, set up in 2003 and run from Exchange Square in Andheri East, is India’s largest commodity derivatives exchange, trading gold, silver, crude oil, natural gas, copper and other metals.
Bandra Kurla Complex
SEBI is the regulator of the securities market, set up in 1988 and given statutory powers in 1992; its head office is SEBI Bhavan in Bandra Kurla Complex.
Lower Parel
CDSL, promoted by BSE in 1999 and listed since 2017, is the larger of India’s two securities depositories by number of accounts, holding investors’ shares in electronic form; its head office is Marathon Futurex in Lower
Lower Parel
NSDL, set up in 1996 as the first depository in India, holds the larger share of securities by value and is run from Trade World in Kamala Mills, Lower Parel; it listed on the exchanges in 2025.
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