The selection of the awardees is done by the All India Bank Depositors' Association (AIBDA), which was founded and led by Mr Pai for several decades. The event itself is conducted in association with AIBDA and the Forum of Free Enterprise (FFE), another organisation that Mr Pai headed for a long time. Since the award is in memory or MR Pai, it is apposite to remember that he was also an honorary secretary of the AIBDA, through which he published the book Depositors’ Rights and Customer Service in Banks that provided customers of banks, information required to deal with the various problems faced by them.

Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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