
Investolane
February 8, 2025 at 04:33 AM
*DISCOVERING UNLISTED COMPANIES: NATIONAL E-REPOSITORY LIMITED*
✅ NeRL aims at ensuring the safety and soundness of electronic warehouse receipts by developing solutions that increase efficiency, minimize risk and reduce costs.
✅ WDRA in October 2016 came out with Guidelines for Creation and Management of Electronic Negotiable Warehouse Receipts (ENWRs), the enabling provisions of the Guidelines seek to establish a system for creation and management of ENWRs through registered Repositories, paving the way for establishment of NeRL.
✅ Apart from NCDEX, the other shareholders of NeRL include NABARD, ICICI Bank, and SBI Such unique parentage makes it a unique proposition for the repository to give services to the Indian Agricultural Market.
🔖 To catch the NeRL Buzz, check *Unlisted Insights* on our web: https://investolane.in/nerl
