CARE sends CEO on leave citing anonymous complaint to SEBI

Credit rating agency CARE Ratings on Wednesday said it has sent its CEO and Managing Director Rajesh Mokashi on leave, pending investigation into an anonymous complaint received by regulator SEBI. It has appointed TN Arun Kumar, Executive Director (Ratings), as the interim CEO. Earlier, rating agency Moody's India unit ICRA had sent its CEO and MD Naresh Takkar on leave.