Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )

Regarding RBI's due diligence, public media, including Moneylife, did not have direct access to internal reports; such details are typically confidential regulatory information.
Given the stated reason for cancellation, what specific penal actions and punishments, beyond the CoR cancellation itself, has the RBI imposed on IRARC? For additional and authentic information concerning the alleged syndicate members, you may contact U.V. Rao, the whistleblower, victim, and researcher whose allegations were judicially acknowledged by the High Court in May 2025. His email is [email protected].
Regards
UV Rao
Hyderabad