From Hindu.com: HDFC Bank and Yes Bank are joining as equity partners for the Indiabulls Financial Services-MMTC commodity exchange, which will start operations in the first quarter of the next fiscal.

The exchange, christened as International Multi-Commodity Exchange (IMX), will also have Indian Potash Ltd and a small trading firm among the total of six partners promoting the country’s fourth national commodity bourse. …. Full Article: Source