FMC allows exchanges to register warehouses

Even without accreditation from Warehousing Development and Regulatory Authority

BS Reporter Mumbai
Last Updated : May 29 2015 | 7:43 PM IST
The Forward Markets Commission (FMC) has allowed commodity exchanges to accredit new warehouses to attend exigencies even without accreditation from the Warehousing Development and Regulatory Authority (WDRA).

Earlier, exchanges were not permitted to hire non-WDRA registered warehouses.

More From This Section

First Published: May 29 2015 | 7:37 PM IST

Next Story