NCDEX adds agri commodity for base capital collateral

The National Commodity & Derivatives Exchange (NCDEX) has expanded the acceptance of additional base capital and added agricultural commodities as collateral in the designated depository accounts to be maintained with the custodian approved/appointed by the exchange under demat system. These goods shall be pledged in favour of NCDEX to secure performance of all obligations of the member of same quality specification which is deliverable under the contract specification of agricultural commodities being traded on the exchange.