National E-Repository Limited (NERL) started its operations on September 26, 2017 and is regulated by Warehousing Development and Regulatory Authority (WDRA) as a Repository and Platform for Creation and Management of Electronic Negotiable Warehouse Receipts (eNWRs). Apart from National Commodity & Derivatives Exchange Limited (NCDEX), the other shareholders of NERL include National Bank for Agriculture and Rural Development (NABARD), the largest re-finance institution, ICICI Bank, one of the largest private sector Banks in India and State Bank of India, the largest public sector Bank in India. Such unique parentage makes it a unique proposition to provide repository services to the Indian Agricultural Market.The main business of NERL is to offer a digital platform for the creation and management of eNWRs, issued in warehouses registered with the WDRA.