Credit guarantee fund on drawing board for building warehousesThe government has begun discussions with the industry on setting up a fund for warehousing akin to the credit guarantee fund for small and...
Number of warehouse registrations on the rise: WDRA chiefThe pledge finance in the last few years had been increasing steadily, the WDRA chief said, and appreciated the efforts of both public and ...
NERL facilitates over Rs 2,000 cr loans against eNWR in 3 yearsThe first loan disbursed or pledge financed against eNWR on the NERL platform was in March 2018. NERL manages and facilitates the usage of ...
Government asks banks to lend only on negotiable warehouse receiptsIt has nudged banks to finance warehouses only against negotiable warehouse receipts (NWRs) and electronic-NWRs, a move aimed at getting mo...
Sebi comes out with framework for utilisation of security deposits with clearing corpThe new framework will be effective from 30 days.
National e-repository opens 16 accounts farmers in BiharIndian farmers being at the core of the value chain, are slowly realizing the benefits and convenience that follows eNWRs, especially regar...
NERL issues 31 e-negotiable warehouse receipts so farWarehouse receipts are made negotiable under the Warehouse (Development and Regulation) Act, 2007, and regulated by the Warehousing Develop...
NERL issues 31 eNWRs since inceptionThe repository has been able to generate 31 eNWRs totaling to about 324 MT of commodities.
Government launches negotiable warehousing receipts in e-formatWarehouse receipts are made negotiable under the Warehouse (Development and Regulation) Act, 2007, and regulated by the Warehousing Develop...
Confident of being near 60% EBITDA margins: Mrugank Paranjape, MCXIn a chat with ET Now, Mrugank Paranjape, MD & CEO, MCX , says that warehouses are absolutely an integral part of the commodities business.
Talk of stock limits for warehouses spooks commodity futures marketSo far stock limits did not apply to WDRA accredited warehouses. Futures market warehouses are mandatorily registered with WDRA.
Norms eased for commexes to get WDRA warehouse accreditationFMC had also directed all the exchanges to accredit only these registered warehouses. However, against the target of 360, only 40 warehouse...
Commex warehouses out of states' ambit, to boost futures tradeThese warehouses of commodities futures exchanges would be registered with the Warehousing Development and Regulatory Authority (WDRA) by t...
Government pulls up Warehousing Development and Regulatory Authority for farmers not getting loan against Warehouse ReceiptsWarehouse Receipts (WRs) are documents issued by warehouses to depositors against the commodities deposited in the warehouses.
NCDEX's 40 approved warehouses registered under WDRANCDEX said its 40 approved warehouses have already been registered under the Warehousing Development and Regulatory Authority (WDRA).
Warehouses storing commexes stock to be brought under WDRAWDRA under the Ministry of Consumer Affairs was created to regulate and promote orderly growth of the warehousing business.
- FMC set to lose control over warehousing
In the absence of a separate regulator, FMC has been overseeing the warehousing mechanism on futures exchanges.