Religare Commodities Limited (RCL) is a wholly owned subsidiary of RSL. It was set up to spearhead Exchange based Commodity Trading. As a member of MCX, NCDEX, NMCE, ICEX and ACE,in addition to both the Spot Exchanges (NSEL & NCDEX-SPOT), RCL is a trade facilitator providing the platform to trade in commodities.
Both RSL and RCL operate udner the brand name of Religare Broking. RSL was conferred the "Best Broking House with a Global Presence" award by Dun & Bradstreet for two consecutive years in 2009 and 2010. RCL won the "Best Commodity Broker of the Year" at Bloomberg Financial Leadership Awards, 2011.