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NCDEX raises compensation limit to Rs 5 lakh from investor protection fund

"Such revision is applicable in respect of all claims settled out of Trust, wherein settlement is done post the date of revision of such limits i.e. February 12, 2020," it said

Topics
NCDEX | Investor Protection Fund | Market news

Press Trust of India  |  New Delhi 



These indices would start at “zero” as base value on January 1 every year. The year will be from June to May. Representative image
The maximum amount of compensation available against a claim of an investor against a defaulter member would be the actual amount of claim or Rs 5 lakh whichever is less, it added.

Agri-commodity bourse on Tuesday said it has increased the maximum compensation limit from its to Rs 5 lakh from Rs 2.5 lakh earlier with effect from February this year.

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First Published: Tue, July 14 2020. 22:40 IST

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