Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Financial, Futures and Options, Market Pulse more

India: Assocham bats for allowing banks as intermediaries in commodities futures market

Posted on 10 February 2012

To increase the penetration of savings instruments and upgrade financial literacy in rural areas, industry body Assocham on Thursday called for permitting banks as intermediaries in commodities futures market so that economic benefits of development spread beyond urban pockets.
Though the country has a high savings rate, the participation of urban population with high incomes in agricultural segment is minimal due to lack of suitable investment opportunities and absence of credible intermediaries dealing with agri-based investment products………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031