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I-T department raids premises of ex-NSE chief Chitra Ramkrishna

FinMin seeks answers on governance; worried it may hit investor confidence

Chitra Ramkrishna
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Former NSE MD and CEO Chitra Ramkrishna

Arup Roychoudhury New Delhi
A day after finance ministry officials met National Stock Exchange head Vikram Limaye, the Income-Tax Department on Thursday raided the premises of the exchange’s former managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna and former group operating officer Anand Subramanian in Mumbai as part of a tax evasion investigation against them.

The raids come a week after it was revealed that Ramkrishna took key decisions at the NSE from 2013 to 2016 on the advice of a “Himalayan yogi” whom she had never met and who instructed her to appoint Subramanian group operating officer, and give him regular increments.

Ramkrishna

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First Published: Feb 17 2022 | 11:38 PM IST

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