How the NSEL crisis unfolded
National Spot Exchange Ltd was the first exchange to go bust in India, after a trading halt on 31 July 2013 led to a `5,574-crore payment crisis
Mumbai: National Spot Exchange Ltd (NSEL) was the first exchange to go bust in India, after a trading halt on 31 July 2013 led to a 5,574-crore payment crisis.
In the three years since then, there has been an overhaul of commodity market regulations.
However, investigators are still chasing the money and investors are yet to be fully compensated.
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