Prices of major agri commodities to stay stable: GovtThe government assures that prices of key agricultural commodities will remain stable during the festive season. Wheat distribution for PMG...
Parliamentary panel hails growth in pledge financing against electronic negotiable warehouse receiptThe panel also asked WDRA to continue its efforts to create an environment for promoting e-NWR and pledge financing. The WDRA was constitut...
WDRA signs pact with Bank of India to fund against e-NWRsThe Warehousing Development Regulatory Authority (WDRA) has signed a memorandum of understanding (MoU) with Bank of India to provide fundin...
Warehousing Development Regulatory Authority signs pact with SBI"It is envisaged that the product will have far reaching consequences with regard to acceptance of e-NWRs among small and marginal farmers....
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 ...
The need for a commodity repository and its benefitsCommodities market is similar to capital market where in place of trading company shares, warehouse receipts representing ownership of comm...
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...
As Das tries out Sparos Effect, new challenge lurks on horizonOne challenge that RBI might have to face in FY22 is the movement in exchange rate. Increasingly, the current scenario reminds us of the 20...
RBI to set up panel to undertake comprehensive review of ARCsAfter enactment of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act in 2002, r...
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...
NMCE shifts to e-warehouse receipts for July deliveryThe receipts have been issued in coordination with Warehousing Development and Regulatory Authority and National E-Repository Limited.
NERL takes RBL Bank on board for pledge financeNERL provides India’s first platform for generation of eNWR, the Company has started receiving encouraging response from agriculture partic...
NERL brings in ICICI Bank, HDFC Bank as repository participants
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.