Chitra Ramkrishna has resigned as managing director and chief executive officer of National Stock Exchange (NSE), India’s largest bourse.
Ramkrishna tendered her resignation due to “personal reasons and expressed her desire to step down with immediate effect,” NSE said in a statement.
One of the stated objectives behind the government’s move to demonetise Rs 500 and Rs 1,000 currency notes has been the goal that India should move towards a cashless economy.
Ever since Prime Minister Narendra Modi’s unexpected 8 November announcement that effectively sucked 86%
SBI Life Insurance may float its initial public offering (IPO) in 2017, a top company official said.
"The IPO of SBI Life may happen in 2017," SBI Life Insurance MD and CEO Arijit Basu told PTI.
Conceding that demonetisation may create a disruption in short-term, Finance Minister Arun Jaitley today said the impact on the economy may be seen "for a quarter or so" but relative advantages are going to be much more in the long run.
The NSE said that Ramkrishna tendered her resignation due to personal reasons.