NCDEX ventures into MF distribution with launch of NCDEX Nidhi

NCDEX launched NCDEX Nidhi on Wednesday to distribute mutual funds in rural and semi-urban India. The exchange uses its network of 700 FPOs and 200 brokers to reach small cities. Arun Raste said, "Nidhi is a natural extension of what NCDEX has always stood for," connecting underserved communities to markets.