The National Spot Exchange Limited (NSEL) crisis in India shook the nation’s financial market in 2013. The exchange, which was an electronic platform for commodities trading, was embroiled in a massive payment default of over Rs 5,600 crore. The NSEL defaulters scandal is considered one of the biggest financial frauds in the history of the Indian market. In this blog post, we’ll delve deeper into the controversy and answer some frequently asked questions about the NSEL Defaulters.