Mumbai as the Venue..
Mumbai enjoys the distinction of being the financial and commercial capital of the country as it generates 6.16% of the total GDP, it is also one of the world's top 10 centres of commerce in terms of global financial flow.
A sizable part of the business of commercial and investment banks, exchanges, securities firms, private equity and other financial services operates from Mumbai as the base. The significance of Mumbai could be measured from the presence of premier institutions across all major constituents of the financial sector.
Mumbai has several unique features that make it a competitive city that attracts business, people and investments from India and abroad. Mumbai is home to important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations.
Many of India's numerous conglomerates (including State Bank of India, Life Insurance Corporation of India) and five of the Fortune Global 500 companies are based in Mumbai. Several foreign banks and financial institutions also have branches in this area.