National E Repository Limited - NeRL

National E-Repository Limited (NeRL), incorporated in February 2017, is a nationally recognised warehousing repository backed by institutions including NCDEX, NABARD, SBI and ICICI Bank. Operating under the Warehousing Development and Regulatory Authority (WDRA), it runs a fully electronic platform for creating, storing, transferring, pledging and auctioning electronic Warehouse Receipts (eWRs), both negotiable and non-negotiable. NeRL began operations in September 2017 with the goal of improving rural liquidity, building fiduciary trust among stakeholders, and reducing issues such as forgery, duplication and delays that come with physical receipts. By combining technology with institutional backing, the company aims to modernise commodity financing and warehousing for farmers, traders, processors and financial institutions across India.