....An investigation began only after a change of guard at USE. As always, several directors of the USE including two former CEOs, have quit in quick succession. Meanwhile, Shyamala Gopinath, the RBI deputy governor in charge, who inaugurated all four forex-derivatives bourses, has moved on to a nice post-retirement directorship at the NSE. We believe that these openly capricious rules were all designed to help the NSE.......
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