The Delhi High Court granted bail to Chitra Ramkrishna on 09th February 2023 in the money laundering case related to alleged illegal phone tapping and snooping of the National Stock Exchange (NSE) employees.

The Enforcement Directorate had opposed her bail plea in the present case citing grounds that she was the 'mastermind' behind the conspiracy.

According to the ED, the phone tapping case pertains to a period from 2009 to 2017 when former NSE CEO Ravi Narain, Ramkrishna, Executive Vice-President Ravi Varanasi, and Head (Premises) Mahesh Haldipur and others conspired to cheat NSE and its employees and for the purpose, engaged iSEC Services Pvt Ltd for illegal interception of phone calls of employees of the NSE in the guise of doing periodic study of cyber vulnerabilities of the NSE.

Ramkrishna was appointed as Joint MD NSE in 2009 and remained in the position till 31st March 2013. She got elevated as MD and CEO on 1st April 2013. Her tenure at NSE ended in December 2016.