10.25 (2.61%) Kotak Mahindra Bank has tied-up with ACE Derivatives and Commodity Exchange (ACE) to provide the commodity funding by launching 'Comfin - a platform for seamless financing of commodity deliveries on ACE'.
Kotak Bank’s tie-up with ACE will help the market to grow. It will aid market participants to avail seamless financing and in the longer run help small traders and farmers to trade and deliver on the exchange platform.
Ace Derivatives & Commodity Exchange with over five decades of impeccable experience in commodity trading, has recently transformed itself and established an online multi-commodity platform with a pan-India presence. It is focused on servicing the needs of the Indian commodity market.