“The story we are going to discuss, is one of the most bizarre story that I’ve come across in the last couple of days. And yet it is one of the the most worrisome story that I read. In the era of Kings and emperors, they had advisors who used to advise the kings how to run their kingdoms. We have read stories of how some kings had divine power backing them. But if I tell you such story today, you’d say it is a mythology or simply, it doesn’t happen these days. Well, you and me would say this. But CEO of NSE Chitra Ramakrishnan didn’t.
The Securities and Exchange Board of India (SEBI), has restrained formertop bosses of the NSE, Chitra Ramkrishna and Ravi Narain from associating with any market infrastructure institution (MII) or any intermediary registered with SEBI for a period of three years and two years respectively for violating securities contract rules. It has also fined them.
The details of the probe against them are mind-boggling.
Apparently, as per the SEBI order, Chitra Ramakrishna was guided by a faceless conman “Siddha Purusha/Yogi” for the last 20 years. This Yogi lived in Himalaya and had a huge influence on Key decisions taken by her. She shared all the crucial information regarding NSE’s internal working with him. He even told him who to appoint as her second-in command at NSE. And all this communication happened over Email Exchange. Chitra Ramakrishnan allegedly, never even met the yogi or physically see him. and yet, all the crucial decisions regarding one of the biggest stock exchanges in the country dealing in lakhs of crores of rupees were taken on his advice.
Shocking is an understatement here. let us deep dive into this NSE-Yogi Saga in today’s episode.
#NSE #SEBI #ChitraRamakrishna #AnandSubramanian #Yogi #NSEScam #CEO #StockExchange #NationalStockExchange
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