NSE Board Gives Sanction To CBI To Prosecute Chitra Ramkrishna

In Apr. 2019, the capital markets regulator Sebi had prohibited Ramkrishna and Ravi Narain, who had also served as MD and CEO of NSE, from associating with a listed company or a market infrastructure institution or any other market intermediary for a period of five years in the co-location case. They were also directed to disgorge 25% of respective salaries drawn during a certain period.