Categories: Commodity

NBOT

The National Board of Trade (NBOT) is a national multi-commodity exchange based in Indore, India, with a focus on edible oil futures trading. NBOT aims to become a recognized national commodity exchange, alongside other prominent exchanges like MCX, NCDEX, NMCE, and ICEX. It operates as a public, non-governmental company with an authorized share capital exceeding 10 crores. Formerly known as the Soyabean Board of Trade, NBOT is actively expanding its offerings and considering the introduction of futures trading for palm oil and other commodities such as chickpeas, gram, and cotton seeds.

Akshatha Sajumon

Share
Published by
Akshatha Sajumon

Recent Posts

PPF calculator

A PPF calculator is an online tool that helps you calculate the maturity amount at…

1 year ago

Non-Resident Indian (NRI) PPF Account

Non-resident Indians are not allowed to open a new PPF account. However, if a resident…

1 year ago

Minor Account

A PPF account can be opened by a parent or guardian on behalf of a…

1 year ago

Joint Account

PPF rules do not allow joint accounts. An account can only be opened in the…

1 year ago

Extension of PPF Account:

After the maturity of the PPF account, you have the option to extend it for…

1 year ago

Withdrawal

From the 7th financial year onwards, you can make partial withdrawals from your PPF account.…

1 year ago