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If you're an Indian investor looking for a way to give back to your community, the Bombay Stock Exchange may have just the thing for you.
The regulator of the exchange, the Securities and Exchange Board of India, has ordered all social enterprises that solicit funds on the exchange to submit a "social impact report" within 90 days of the end of the financial year in which they collected the funds, reports the Hindustan Times.
The report must include " qualitative and quantitative aspects of social impact," the regulator says, per the BBC.
The SSE, a separate part of the existing stock exchange, allows for for-profit and social enterprises to solicit funds from the public, and the regulator says it wants to make sure they have "social intent and impact as their primary goal," per NDTV.
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