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Chitra Ramkrishna

Chitra Ramkrishna (born 1963) is an Indian businesswoman and the former CEO of the National Stock Exchange (NSE). In March 2022, she was arrested by the Central Bureau of Investigation (CBI) for her involvement in the co-location scam.[2]

Chitra Ramkrishna
Born1963 (age 60–61)
NationalityIndian
Education
OccupationFormer MD & CEO of NSE[1]
PredecessorRavi Narain

Career edit

In 1985, she started as a chartered accountant, at the project finance division of the Industrial Development Bank of India (IDBI). Ramkrishna then spend two years at the Securities and Exchange Board of India (SEBI), after which she returned to IDBI. In April 2013, she succeeded Ravi Narain and became the managing director and CEO of NSE.[3]

Cases edit

Co-location case edit

In 2016, she was found guilty in a co-location case,[4] and was asked by SEBI to disgorge 25 percent of the salary drawn for FY 2013-14, to the IPEF. She was also, prohibited from associating with a listed company or a market Infrastructure Institution or any other market intermediary for a period of five years.[5]

'Himalayan Yogi' case edit

In February 2022, the Securities and Exchange Board of India (SEBI) said that for the past 20 years, she had been allowing an unidentified 'Himalayan yogi' to advise her on important decisions.[6] The case was investigated by the CBI. She leaked key business information pertaining to day to day operations.[4][7] She was arrested by the CBI on 7 March 2022.[2]

See also edit

References edit

  1. ^ "Subramanian Anand resigned from NSE". MoneyLife.
  2. ^ a b "Former NSE Chief Chitra Ramkrishna Arrested by CBI in NSE Co-location Scam". Moneylife NEWS & VIEWS. Retrieved 8 May 2022.
  3. ^ Special Correspondent (26 November 2012). "Business / Companies : Chitra Ramkrishna to be new CEO, MD of NSE". The Hindu. Retrieved 15 February 2013.
  4. ^ a b "Chitra Ramkrishna, the NSE CEO who let a faceless conman 'yogi' make all key decisions". 12 February 2022.
  5. ^ "Co-location case: SEBI bars NSE from securities market for 6 months; directs exchange to 'disgorge' Rs 625 cr". moneycontrol.com. 1 May 2019. Retrieved 1 May 2019.
  6. ^ Roy, Abhirup (13 February 2022). "Himalaya yogi ran India's top bourse as puppet master, regulator says". Reuters. Mumbai. Retrieved 14 February 2022.
  7. ^ "Tainted NSE chief Chitra Ramkrishna claims a 'spiritual force' guided her for 20 years".

chitra, ramkrishna, this, biography, living, person, needs, additional, citations, verification, please, help, adding, reliable, sources, contentious, material, about, living, persons, that, unsourced, poorly, sourced, must, removed, immediately, from, article. This biography of a living person needs additional citations for verification Please help by adding reliable sources Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page especially if potentially libelous Find sources Chitra Ramkrishna news newspapers books scholar JSTOR June 2019 Learn how and when to remove this message Chitra Ramkrishna born 1963 is an Indian businesswoman and the former CEO of the National Stock Exchange NSE In March 2022 she was arrested by the Central Bureau of Investigation CBI for her involvement in the co location scam 2 Chitra RamkrishnaBorn1963 age 60 61 NationalityIndianEducationBachelor of CommerceInstitute of Chartered Accountants of IndiaOccupationFormer MD amp CEO of NSE 1 PredecessorRavi Narain Contents 1 Career 2 Cases 2 1 Co location case 2 2 Himalayan Yogi case 3 See also 4 ReferencesCareer editIn 1985 she started as a chartered accountant at the project finance division of the Industrial Development Bank of India IDBI Ramkrishna then spend two years at the Securities and Exchange Board of India SEBI after which she returned to IDBI In April 2013 she succeeded Ravi Narain and became the managing director and CEO of NSE 3 Cases editCo location case edit In 2016 she was found guilty in a co location case 4 and was asked by SEBI to disgorge 25 percent of the salary drawn for FY 2013 14 to the IPEF She was also prohibited from associating with a listed company or a market Infrastructure Institution or any other market intermediary for a period of five years 5 Himalayan Yogi case edit In February 2022 the Securities and Exchange Board of India SEBI said that for the past 20 years she had been allowing an unidentified Himalayan yogi to advise her on important decisions 6 The case was investigated by the CBI She leaked key business information pertaining to day to day operations 4 7 She was arrested by the CBI on 7 March 2022 2 See also editChanda KochharReferences edit Subramanian Anand resigned from NSE MoneyLife a b Former NSE Chief Chitra Ramkrishna Arrested by CBI in NSE Co location Scam Moneylife NEWS amp VIEWS Retrieved 8 May 2022 Special Correspondent 26 November 2012 Business Companies Chitra Ramkrishna to be new CEO MD of NSE The Hindu Retrieved 15 February 2013 a b Chitra Ramkrishna the NSE CEO who let a faceless conman yogi make all key decisions 12 February 2022 Co location case SEBI bars NSE from securities market for 6 months directs exchange to disgorge Rs 625 cr moneycontrol com 1 May 2019 Retrieved 1 May 2019 Roy Abhirup 13 February 2022 Himalaya yogi ran India s top bourse as puppet master regulator says Reuters Mumbai Retrieved 14 February 2022 Tainted NSE chief Chitra Ramkrishna claims a spiritual force guided her for 20 years Retrieved from https en wikipedia org w index php title Chitra Ramkrishna amp oldid 1215608600, wikipedia, wiki, book, books, library,

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