Market Infra Institution to be Created With NSE, MCX, IFSC, NSDL and CDSL

Sharing is caring!

National Stock Exchange of India Limited (NSE), The Multi Commodity Exchange of India Limited (MCX), India INX International Exchange (IFSC) Ltd (India INX), National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) have signed a Memorandum of Understanding for setting up Market Infrastructure Institutions comprising of International Bullion Exchange, Clearing Corporation and Depository at Gujarat International Finance Tec-City (GIFT) in line with the Government of India objective to make India a price setter in bullion through GIFT International Finance Service Centre (IFSC) and in accordance with the International Financial Services Centres Authority (Bullion Exchange) Regulations, 2020 and other applicable laws.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: