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Ramkrishna: India's reforming stock market chief

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Hindu goddess of wealth is placed between monitors displaying share price at a trading market in Chandigarh, India.   © Reuters
Chitra Ramkrishna, CEO of National Stock Exchange of India

MUMBAI -- Chitra Ramkrishna is the first woman to head an  Indian stock exchange.

     The CEO of the National Stock Exchange of India took office in April last year. She sees “renovating the country’s trading system while listening to the voice of the market” as priorities.  

     Ramkrishna has often held seminars for investors and other events to stay aware of news from the trading floors and the needs of the market. She has also introduced new financial instruments to the stock exchange.

     An advocate of market transparency, Ramkrishna gathered a lot of financial knowledge from working at the Industrial Development Bank of India and other entities. She was on the team which founded the bourse in 1992 as the Bombay Stock Exchange’s rival stock market. The National Stock Exchange has surpassed the Bombay bourse in terms of trading volumes.

     This year is crucial for the stock exchange. It needs to reform and allow funds to flow more freely into the stock market -- one of the most important sources for companies to raise funds -- to revive the economy. This heavy responsibility of getting that cash flowing lies on Ramkrishna's shoulders.

 

 

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