National Stock Exchange launches NSE Prime

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National Stock Exchange (NSE) has launched a new corporate governance initiative ‘NSE Prime’.

About NSE Prime:

  • It is a framework that sets higher standards of corporate governance for listed companies than those required by regulations.
  • All the companies listed on NSE can voluntarily adopt National Stock Exchange Prime.

Benefits:

  • It will raise the level of corporate governance standards in India. Will enable investors to identify companies that have expressed willingness to enforce higher standards of corporate governance.
  • Will help in enhancing the quality of investors in listed companies.

Source – The Hindu

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