A career spanning consumer goods, multinational banking, and the building of India’s largest digital payments platform has given Praveena Rai a close-up view of how banking and payments have evolved. Now, as Managing Director and CEO of the Multi Commodity Exchange of India (MCX), she is focused on deepening market participation, increasing liquidity and, ultimately, establishing the exchange as a benchmark for commodity prices in India. “As the commodity exchange of India, wherever there is a requirement for commodity prices to be managed for the industry, ultimately MCX should play a role there,” Rai tells Business Today. “We need broad…
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