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.
1. Electronic Negotiable Warehouse Receipts (eNWRs) 2. Pledge Financing 3. Integration with eNAM 4. Repository Participant Ecosystem 5. Technology-Driven Services