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Financial Tech slips post FMC's report of NSEL warehouses

In its first official announcement of the physical verification of goods in NSEL warehouses, FMC, in its interim report, told that only 15 percent stock was found in NSEL's 16 warehouses and the value of these stock only Rs 358 crore. This was against NSEL's stated value of warehouses at Rs 2389 crore.

first published: Sep 16, 2013 11:28 am

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