DEA to submit report on NSEL fiasco on Wednesday

Department of Economic Affairs secretary Arvind Mayaram led panel will submit its report on the NSEL crisis on Wednesday. The committee will also come-up with an action plan on National Stock Exchange Ltd. The panel is likely to coordinate among investigative agencies. CNBC-TV18 also learns from sources that the government will try to save MCX from any impact of the NSEL crisis. (Read More)

NSEL has to settle dues worth Rs 5,600 crore to 148 members, representing 13,000 investor clients, after it suspended trade on July 31 due to liquidity crisis.