NSE technical glitch cost us immensely, says FM Nirmala Sitharaman

The NSE had on Wednesday halted trading on the stock exchange for nearly four hours due to a technical glitch.

Finance Minister Nirmala Sitharaman on Monday asked civil accounts officers to have a clear road map for seamless digital payments, saying there were lessons to be learnt from the “technology-driven glitch” that happened at the National Stock Exchange (NSE) last week.
 
“Seamlessness of payments is more important... I will bring it here as an example to say even where complete foolproof systems are laid, you find in the NSE a couple of days ago when there was a glitch, a kind of technology-driven glitch, which nobody could have anticipated, but that glitch has cost us immensely and lessons are