Entire NSEL Set-Up Being Studied: Ramesh Abhishek
  • Nikita Setia
  • Aug 28 2013

The National Spot Exchange failed yet again to gather enough funds to meet the payout schedule to investors. As a result, the exchange's promoter group stepped in with a Rs.170 crore bridge loan to ensure that small investors’ funds were paid. This move has not impressed the Forward Markets Commission and Ramesh Abhishek, Chairman the commission says that two government working groups are looking into the issue.