BSE, NSE, MCX gear up for India's first bullion exchange at Gift City

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Topics
GIFT City | Bullion industry | BSE NSE

Rajesh Bhayani  |  Mumbai 

Gift City International Financial Services Centre (IFSC) is set to get India’s first spot bullion exchange and this may happen in the next six months. The government has notified regulations for setting up the bullion exchange in Gift City IFSC.

They were made public on Friday. All the three major Indian bourses like BSE, National Stock Exchange (NSE) and Multi-Commodity Exchange (MCX) plan to compete at Gift City’s special economic zone (SEZ) by setting up their own bullion exchanges after getting formal approval from regulator International Fina­ncial Services Centre ...

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First Published: Mon, December 14 2020. 06:05 IST
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