India should allow exchanges to list on own platform, NSE chairman says

India’s markets regulator should reconsider allowing exchanges to list on their ​own platforms, NSE Chairman Srinivas Injeti said on Friday (September 25, 2026), a day after ‌the bourse operator debutedon rival BSE at a ​valuation of about $47 billion.

India’s markets regulator debated allowing ⁠self-listing in 2015 but rejected the idea over potential conflicts of interest, requiring their shares to trade on rival bourses.

However, self-listing is permitted ‌in several major global markets. In the United States for example, the New York Stock Exchange’s parent Intercontinental ‌Exchange is listed and traded on the NYSE, which ‌it ⁠operates.

NSE accounts for about 93% of India’s cash-market ⁠trading and nearly 75% of options.

The world’s busiest derivatives exchange listed as investors grow wary of slowing volumes and ​its reliance on options ‌for growth.

Options trading has declined after tighter regulation and rule changes aimed at aligning Indian markets with global standards.