Asia Index Private , a joint venture between S&P Dow Jones Indices and BSE (Bombay Stock Exchange), has launched the S&P BSE Private Banks Index. The new benchmark tracks the performance of banks that are not owned by the Indian government. 'As the private sector develops and evolves, there is a growing market demand for suitable benchmark,' said Alka Banerjee, CEO of Asia Index Private, in a statement. Constituents of the index are derived from the S&P BSE Finance Index and should m

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