Metropolitan Stock Exchange Metropolitan Stock Exchange is one of India's nine stock exchanges recognised by the Securities and Exchange Board of India .. The Exchange was notified of a "recognized stock exchange" under Section 2 of the Companies Act, 1956 by the Ministry of Corporate Affairs , Govt. of India, on December 21, 2012 . The exchange’s shareholders are some of India’s top public sector banks, private sector banks, and domestic financial institutions .Life Insurance Corporation of India Ltd. is the Non-Executive Chairman on the Board. Latika S Kundu took over the reins of the exchange as Managing Director & Chief Executive Officer on 12 March 2020.State Bank of India , Union Bank of India , UCO Bank, Canara Bank, Punjab National Bank , Indian Overseas Bank , Indian Bank , Bank of India , Bank of Baroda , HDFC Bank , Axis Bank, MCX, IL&FS, IFCI and Mr. Radhakishan S Damani, Mr. Siddhartha Balachandran, Mr. Nemish Shah.Makeover Metropolitan Clearing Corporation of India Ltd., was jointly promoted by Metropolitan Stock Exchange of India Ltd., Multi-Commodity Exchange of India Limited and Financial Technologies India Limited, as a new age Clearing Corporation constituted to undertake clearing and settlement of deals in multi asset classes.16 February 2009.Products EquityInterest Rate Futures
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