SME RATING AGENCY OF INDIA LIMITED (SMERA)
✓ Joint initiative by SIDBI, Dun & Bradstreet Information Services India Private Limited (D&B), CIBIL and several leading banks in the country.
✓ Takes into account the financial condition and several qualitative factors that have Bearing on creditworthiness of the SME.
✓ Better rating from SMERA could lead to favorable credit terms such as lower Collateral requirements and interest rates and simplified lending.
✓ SMERA has signed a memorandum of understanding with State Bank of India for Rating the SME clients of the bank.
CLEARING CORPORATION OF INDIA LTD. (CCIL)
o CCIL was incorporated in 2001.
o Country’s first clearing house for the Government Securities, Forex and other related Market segments.
o Operates Collateralized Borrowing and Lending Obligation (CBLO) a repo variant With several unique features for NDS Members.
MULTI COMMODITY EXCHANGE OF INDIA (MCX, NCDEX & NMCEIL)
➢ MCX and independent and de-mutulised multi commodity exchange for facilitating online Trading, clearing and settlement operations for commodity futures markets across the country.
➢ NCDEX is a professionally managed online multi commodity exchange.
➢ National Multi Commodity Exchange of India Limited (NMCEIL) is the first demutualized, Electronic Multi-Commodity Exchange in India
Forward Markets Commission (FMC) headquartered at Mumbai is the regulatory authority for the commodity exchanges, which is overseen by the Ministry of Consumer Affairs and Public Distribution, Govt. of India. It is a statutory body set up in 1953 under the Forward Contracts (Regulation) Act, 1952. The exchanges that have been set up under overall control of Forward Market Commission (FMC) Of Government of India are Multi Commodity Exchange of India Limited (MCX), National Commodity & Derivatives Exchange Limited (NCDEX) and National Multi-Commodity Exchange of India Limited (NMCEIL)
✓ Joint initiative by SIDBI, Dun & Bradstreet Information Services India Private Limited (D&B), CIBIL and several leading banks in the country.
✓ Takes into account the financial condition and several qualitative factors that have Bearing on creditworthiness of the SME.
✓ Better rating from SMERA could lead to favorable credit terms such as lower Collateral requirements and interest rates and simplified lending.
✓ SMERA has signed a memorandum of understanding with State Bank of India for Rating the SME clients of the bank.
CLEARING CORPORATION OF INDIA LTD. (CCIL)
o CCIL was incorporated in 2001.
o Country’s first clearing house for the Government Securities, Forex and other related Market segments.
o Operates Collateralized Borrowing and Lending Obligation (CBLO) a repo variant With several unique features for NDS Members.
MULTI COMMODITY EXCHANGE OF INDIA (MCX, NCDEX & NMCEIL)
➢ MCX and independent and de-mutulised multi commodity exchange for facilitating online Trading, clearing and settlement operations for commodity futures markets across the country.
➢ NCDEX is a professionally managed online multi commodity exchange.
➢ National Multi Commodity Exchange of India Limited (NMCEIL) is the first demutualized, Electronic Multi-Commodity Exchange in India
Forward Markets Commission (FMC) headquartered at Mumbai is the regulatory authority for the commodity exchanges, which is overseen by the Ministry of Consumer Affairs and Public Distribution, Govt. of India. It is a statutory body set up in 1953 under the Forward Contracts (Regulation) Act, 1952. The exchanges that have been set up under overall control of Forward Market Commission (FMC) Of Government of India are Multi Commodity Exchange of India Limited (MCX), National Commodity & Derivatives Exchange Limited (NCDEX) and National Multi-Commodity Exchange of India Limited (NMCEIL)
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