No obstacle for NSE’s IPO: SEBI chief
SEBI and NSE are close to settling legal cases hindering the IPO of the exchange, according to SEBI chairman Tuhin Kanta Pandey. The demerger of clearing corporations is not an issue. SEBI and NSE have arrived at a final settlement amount and are finalizing other issues. NSE may look at an IPO by December. The exchange's profit and income have shown a positive trend in recent years.