NEW DELHI, December 10: The Bombay Stock Exchange (BSE) is approaching the Reserve Bank of India (RBI) to permit commercial banks to trade in government securities (gilt) through the exchange.

"We will soon approach RBI to allow commercial banks to trade in government securities on BSE," BSE president M G Damani said.

The RBI in 1994 through a circular had allowed banks to trade in such securities only through National Stock Exchange (NSE) and recently allowed Over the Counter Exchange of India (OTCEI) also to start trading in government paper by modifying its circular.

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