Kotak Mahindra Bank Appoints Dr Ashok Gulati as an Additional Independent Director on its Board
Posted On: 2021-03-05 09:41:07 (Time Zone: Arizona, USA)
Kotak Mahindra Bank Limited today announced the appointment of Padma Shri awardee, Dr. Ashok Gulati as an Additional and Independent Director on the Bank s Board, for a term of five years, effective 6th March, 2021, subject to the approval of the Members of the Bank.
Prakash Apte, Chairman of Kotak Mahindra Bank said, We are truly delighted to have Dr. Ashok Gulati on the Bank s Board of Directors. His insights on the national and international agriculture sector and his experience as a Researcher and writer on the rural economy will immensely add value to our Bank.
National Commodity & Derivatives Exchange Limited (NCDEX) will relaunch futures contracts in hi-pro (high-protein) soyabean meal from February 17. The monthly contract will be available for tr
Know the contract specifications of steel futures
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Specifications
The unit size of the contract is 10 MT (metric tonnes), i.e., one lot of futures contract will consist of 10 MT of steel, and the price will be quoted in rupees per MT; tick size of the contract is set at ₹10. Note that, like any futures contract on other commodities, these are compulsory delivery contracts. The Final Settlement Price (FSP) will be the last spot price on the day of expiry and 20th of every month will be the expiry day. Trading hours will be between 9:00 AM and 9:00 PM from Monday to Friday. But on expiry day, the contract that expires on that day will be allowed to trade only until 5:00 PM.