The Bombay Stock Exchange (BSE) was founded in 1875 by a team of stockbrokers, and its origins can be traced back to when these traders began meeting under a banyan tree in the early 19th century. However, the person most associated with the formal establishment of the BSE is Premchand Roychand.
Roychand was a prominent businessman and financier who played a key role in the development of the exchange. He is often called the father of BSE as he put a lot of effort into transforming it into an organized and structured financial market.
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