Mumbai, June 2 (IANS) Vice Chairman of the National Stock Exchange of India (NSE) Ravi Narain has stepped down from the board, sources said here on Friday.
According to sources, Narain was keen to step down.
"He was keen to step down since there are certain issues under discussion with the Securities and Exchange Board of India (SEBI) and he did not want to get affected by his presence on the board," the source told IANS.
"So in the best of corporate governance tradition, he has stepped down."
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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