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A rejoinder

Colocation facilities were offered by NSE to the brokers from 2010 onwards

C B Bhave
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Chandrasekhar Bhaskar Bhave | Photo: Wikiepdia

C B Bhave
This is with reference to the article titled “Eminent yes men behind NSE” by Debashis Basu, published in the Business Standard on February 28, 2022. The article describes at great length the problems with the appointment of Chitra Ramkrishna and Anand Subramanian at NSE. The entire set of events at NSE described in relation to these events are dated November 6, 2012 and beyond. I demitted office in February 2011.  

In the column, there is a reference to colocation scam as having happened between 2010 to 2014. The Securities and Exchange Board of India’s order on colocation was passed

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