NSE introduces financialization of gold in India through partnerships involving Electronic Gold Receipts and Sequel Logistics.
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Updated oct 23
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How it started
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What happened
NSE introduces financialization of gold in India through partnerships involving Electronic Gold Receipts and Sequel Logistics.
How it developed
Newest first. Tap a step to see who reported it.- Exchanges, including the National Stock Exchange of India, are actively seeking a larger share of the gold market.Sub-event
- Electronic Gold Receipts (EGR) are now regulated by the Securities and Exchange Board of India (SEBI).Sub-event
The NSE platform using Electronic Gold Receipts is designed to help India reduce its reliance on gold imports.1 source
NSE partners to introduce financialization of gold in India via Electronic Gold Receipts.1 source
Regulatory hurdles and structural issues impede the monetization of India's household gold stock.1 source