SEBI Chief Signals NSE IPO NOC This Month; Exchange Agrees to Rs 1,400 Crore Settlement

SEBI Chairman Tuhin Kanta Pandey indicated that the National Stock Exchange (NSE) may receive its No Objection Certificate (NOC) this month, signaling progress towards its IPO. NSE MD and CEO Ashish Kumar Chauhan expressed optimism, viewing the SEBI chief's comments as a divine sign. The IPO's delay is attributed to a regulatory probe into NSE's conduct, for which the exchange has agreed to pay Rs 1,400 crore to settle.