Mumbai: Leading stock exchange BSE has on Monday established Investor Service Centres at Lucknow, Vadodara and Patna that would look into grievances as well as function as a facility for arbitration procedures for investors.
With these centres, BSE now has regional Investor Service Centres at 14 places across the country.
"BSE has set up Investor Service Centres providing Investor Grievance Redressal Mechanism and arbitration facility at Lucknow, Vadodara and Patna on June 30, 2014," the exchange said in a circular today.
Last week, another exchange NSE had also announced setting up of its investor centres at Lucknow, Vadodara and Patna.
The Securities and Exchange Board of India (SEBI) in July 2013 had asked bourses to increase the number of investor services centers, with a view to extending the reach of arbitration facilities to the investors.
BSE centres are available at Mumbai, Ahmedabad, Delhi, Hyderabad and Jaipur also.
