FMC Writes To Fin Min On NSEL Borrowers
  • Gaurav Sarkar
  • Aug 20 2013

August 20: Having finally been given the mandate to regulate the National Spot Exchange, the Forwards Markets Commission (FMC) is now raising some serious questions. Bloomberg TV India learns that the regulator has written to the government, suspecting that some of the biggest borrowers on the exchange are allegedly shell companies.