India’s NSE floats pilot to validate risk-return metrics

8th December, 2025

Aravind Bulusu

The National Stock Exchange of India (NSE), along with Mumbai-based credit rating agency CARE Ratings, has launched pilot phase of 'Past Risk and Return Verification Agency' (PaRRVA).

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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