NSEL to rematerialise e-series contracts from Apr 12

Crisis-hit NSEL today said it will commence rematerialisation of its e-series gold contracts from April 12 onwards, a move that would benefit 33,000 investors. Rematerialisation is the process by which a client can get his electronic holdings converted into physical form. National Spot Exchange Ltd (NSEL), which is a subsidiary of Jignesh Shah-led Financial Technologies India Ltd, is grappling with a payment crisis for settli...