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Commodity Price
  • Bengal Gram Ratlam M.P.( 6000 )
  • Bengal Gram Bellary (Karnataka)( 5700 )
  • Castor Seed Dhanera (Gujrat)( 4355 )
  • Coriander (Badami) Shajapur (M.P.)( 4750 )
  • Coriander(Round) Guntakal A.P.( 5200 )
  • Cotton Seed(Sarki) Ujjain M.P.( 2125 )
  • Dollar Gram Khategaon M.P.( 10250 )
  • Green Gram Indore (M.P.)( 3200 )
  • Groundnut Chippagiri A.P.( 3800 )
  • Guar Seed (Gujarat 2) Deesa (Gujrat)( 3225 )
  • Jowar (Mahindra) Anathapur A.P.( 2050 )
  • Maize Madhepura (Bihar)( 1260 )
  • Maize Raichur (Karnataka)( 1300 )
  • Mustard Seed Pipariya (M.P.)( 3300 )
  • Mustard Seed Patan (Gujrat)( 3115 )
  • Paddy Gadag (Karnataka)( 2450 )
  • Paddy( RC GIRI) Sangali (Maharashtra)( 2400 )
  • Pea (matar) Dewas M.P.( 2750 )
  • Raisin Sangali( 12500 )
  • Red Chili(Bydigi) Sindhanur (Karnataka)( 12800 )
  • Red Chilli(Baydgi) Nagbhid (Maharashtra)( 17000 )
  • Soyabean Tasgaon (Maharashtra)( 3014 )
  • Wheat Samastipur (Bihar)( 1588 )
  • Wheat(Samba) Malgaon (Maharashtra)( 1850 )
 
 
 
Collateral Warehousing Management Services
 
Collateral Warehouse Management is a custodial service offered to the Banks by professional warehouse managers for safe keeping of the commodity during the loan tenure.
 
Collateral Warehousing Manager is the bank’s representative, who takes physical charge of the commodity offered as pledge by the borrower into his custody, supervises during the tenure and finally returns the commodity back to the borrower on repayment of loan on the bank’s written instruction.
 
ROLE OF A COLLATERAL MANAGER
As a professional Warehouse Manager and “paid Custodian” of the pledged commodities, the Collateral Manager is responsible for the safe keeping of the commodities pledged to the Bank. Further, the CM is supposed to accept the commodity for custody, take proper care while in storage and deliver the product safely to the owner after completion of the custodial period is over and only at the instructions of the lending bank for which CM is the custodian.
 
The CM’s duty includes
 
Conducting the business of the principal as per his directions, carry out work with normal skill and diligence and render proper accounts.
   
Communicate to the principal on any usual and unusual developments.
   
Should not deal on ones’ own in any matter without clear instructions from the principals.
   
Functions of Collateral Manager
 
Collateral Manager’s prime responsibility is supervision, safekeeping and monitoring of
 
Commodity incoming
   
Commodity in storage
   

Quality checks of  Commodity during storage

   
Commodity release
 
Services offered by Collateral Manager
 
Pre-storage inspection of warehouses
   
Supervision of incoming Commodities
   

Supervision of house-keeping during the storage period

   
Delivery of commodities
   
Record keeping
   
Mandatory Reports to bank
   
Audit of stocks
   
Reports to Head Office
 
 
 
 
 
 
 
 
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