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Canara Bank & #8217;S Institutional Clearing Facility For Cofei

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BUSINESS STANDARD

The Canara Bank will act as the institutional clearing mechanism (ICM) for the Coffee Futures Exchange of India (Cofei) from December.

The bank will invest Rs 20 lakh in Cofei, a senior official of the exchange said.

 

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First Published: Oct 16 2001 | 12:00 AM IST

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