Jagran Josh Logo

NSEL Appointed Saji Cherian as New CEO and MD

18-SEP-2013Pulla Rao

Top Picks :  News Capsule , 2013 Current Affairs , September 2013 Current Affairs , Person Appointed

The National Spot Exchange Limited (NSEL) on 16 September 2013 appointed Saji Cherian as the new Managing Director and Chief Executive Officer of the company. Before Saji Cherian the post was held by Anjani Sinha.

Saji Cherian was previously the head of Listing Issuer Services at MCX Stock Exchange (MCX-SX). He had also worked with Bombay Stock Exchange (BSE) as General Manager and at Madras Stock Exchange and Cochin Stock Exchange as Executive Director.

About National Spot Exchange Limited (NSEL)

  • National Spot Exchange Limited (NSEL) is the national level, institutionalized, electronic, transparent spot trading platform for commodities.
  • It is a structured market place, set-up to transform the commodity market by way of reducing the cost of intermediation and thereby improving marketing efficiency. Its state-of-the-art technology facilitates risk free and hassle free purchase and sale of various commodities.
  • NSEL provides customized solution to farmers, traders, processors, exporters, importers, arbitrageurs, investors and other stakeholders pertaining to commodity procurement, storage, marketing, warehouse receipt financing, etc.
  • NSEL commenced Live trading on 15 October 2008. At present, NSEL is operational in 16 States in India, providing delivery-based spot trading in 52 commodities.

 

Is this article important for exams ? Yes23 People Agreed
Read more Current Affairs on: National Spot Exchange Limited (NSEL)
Post Comment
8 Comment

GAJENDER SINGH,

Yes, these g.k notes are beneficial for competition exam.

Sivasakthi T,

Dear Sir, The current affairs are really very useful to us which includes the quick digest and highlights for easy understanding of the readers. Excellent sir.

RASIGA S,

It is an useful thing that people have to be aware

shalom john,

i wish that you help me to find out defense service i want to serve my mother land and i completed my MBA+PGDM so please help me out .

Prakash yadav,

acyually i had dream to join indian army bt i have to write 2nd puc supplementary exam so what should i do now

vineet,

done b.tec in mechanical stream ....now wanna apply for indian navy which brach suits me best?

DEBASISH GHATAK,

Dear Sir Pls advise how to apply for my nephew who is 18+ and had just passed 12 from NIOS with English / accountancy as subject.

Rahul solanki,

Sir I m passed by arts subject so can I apply for navy because I wanna go in navy please inform me then I applying

Suggested Colleges
Stay Connected

Subscribe Newsletter

Straight To Your Inbox
or
LikeJagranjosh on Facebook!

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • By clicking on Submit button, you agree to our terms of use
    ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

Newsletter Signup
Follow us on