| | DECEMBER 20218NSE launched a new corporate governance initiative ­ 'NSE Prime', it means that NSE listed companies can adopt voluntarily.NSE Prime is a framework that prescribes higher standards of corporate governance for listed Companies than those required by regulations and listed companies that voluntarily choose to be part of NSE Prime will need to comply with pre-defined norms on an ongoing basis, which will be monitored by NSE.National Stock Exchange of India (NSE) is the world's largest derivatives exchange by trading volume (contracts) and NSE is ranked 4th in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2020.The initiative will increase the bar for corporate governance standards in India, enable investors to identify companies which have voluntarily signed up for higher standards of corporate governance, broaden the quality of investors in listed companies and will also further strengthen trust in Indian capital markets.Shri Uday Kotak, MD & CEO Kotak Mahindra Bank, and Shri T.V. Mohandas Pai, Chairman, Aarin Capital Partners stated keynote aspects for the event. Other eminent participants were Shri Amar Gill, Head of Investment Stewardship ­ APAC, BlackRock, Shri Arun Duggal, Chairman, ICRA, Shri Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas, Shri Navneet Munot, MD & CEO, HDFC Asset Management Co. Ltd. and Shri Sanjeev Bikhchandani, Founder & Executive Vice-Chairman, Info Edge.Shri Uday Kotak said, "Corporate Governance is the key to investor trust in corporations. Corporates need to be able to build their strategic guardrails along with transparency on how they operate. NSE's initiative is another step in the direction of raising the standards of corporate governance." NSE Prime launched by National Stock Exchange of India Limited (NSE)BY CEO INSIGHTS TEAMIN FOCUS
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