Muthoot Mini, a well known Non Banking Finance Company (NBFC) has launched commodity trading in Gold in association with National Spot Exchange Ltd. (NSEL) in September 2012 branded as MMe-Gold and Depository operations with CDSL.

For Back office operations in Spot Exchange and Depository they have chosen iLedger Cloud. This will enable them to use all benefits of Cloud solution and also start without capital investment in a very cost effective way. They will be able to delegate major time consuming work load like KYC and payment related entries to their branches with all controls from head office. This is one of the unique feature of iLedger Cloud back office.

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http://thekochireporter.com/2012/09/13/muthoot-mini-launched-depository-services/