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NSE s Priya Subbaraman, IAS Sanjeev Kaushik shortlisted for NSDL top post

NSE’s Priya Subbaraman, IAS Sanjeev Kaushik shortlisted for NSDL top post March 17, 2021 Priya Subbaraman, Chief Regulator Officer at National Stock Exchange (NSE,) and Sanjeev Kaushik, Additional Secretary at the Ministry of Finance, have been shortlisted for the post of MD and CEO of National Share Depository Services Ltd (NSDL), a leading provider of equity demat accounts. Current NSDL MD and CEO GV Nagesh Rao has been serving since 2013 and is currently on extension. The nomination and remuneration committee (NRC) of NSDL, after a slew of interviews, recommended the two names to market regulator SEBI, which has the final say on the appointment, sources told

Cabinet to decide on tax waiver, HQ for new DFI

Cabinet to decide on tax waiver, HQ for new DFI
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Prepared to handle any responsibility given by govt: IIFCL MD

Prepared to handle any responsibility given by govt: IIFCL MD New Delhi, Feb 28: Amid the proposed formation of DFI, India Infrastructure Finance Company Limited managing director PR Jaishankar has said the company is prepared to handle any responsibility given by the government. The Union Budget 2021-22 presented in Parliament earlier this month proposed to set up a Development Finance Institution (DFI) with an initial capital of Rs 20,000 crore to fund the Rs 111 lakh crore ambitious National Infrastructure Pipeline (NIP). National Bank for Financing Infrastructure and Development (NaBFID), the proposed DFI, expected to anchor the very ambitious NIP. “IIFCL has been playing its role as a policy institution and financial institution of the Government of India for financing infrastructure development. The Budget has laid down a solid foundation for taking the infrastructure to the next scale,” Jaishankar told PTI.

A long jump for IIFCL as DFI tag to support financial needs, growth

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