NCML hosted a lenders’ meeting to organise funds for Food Corporation of India (FCI) silo projects, in Mumbai on January 11.
National Collateral Management Services Limited (NCML) is the country's leading organisation providing a bouquet of commodity based services under a single umbrella. Since its incorporation in 2004, NCML has commodity value chain in managing their risks. The company was promoted by NCDEX, IFFCO, leading banks and reputed organisations. Fairfax India has majority ownership and management control in NCML. PNB, Corporation Bank, Bank of India, Indian Bank and Hafed continue to be its shareholders. Fairfax India is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital. Fairfax India is a Group Company of Prem Watsa led Fairfax Financial Holdings based in Toronto, Canada and is listed on the Toronto Exchange.
NCML Finance Private Ltd. (NFin) is an RBI registered Non-Banking Finance Company (NBFC) with focus on rural and agri-business finance. The Company is a wholly owned subsidiary of National Collateral Management Services Ltd. (NCML). The NCML Board has committed an equity of Rs. 3360 million ($ 50 million) to NFin. This makes NFin one of the few NBFCs to begin operations with such a large capitalization.
NCML launched the state-of-the-art Cold Storage facility in Guntur, Andhra Pradesh. The launch was followed by the seminar ‘NCML India Commodity..
Government of India appoints NCML to study food inflation. #foodinflation #MSP Read the online version here