![Working on one-hour & ‘instantaneous’ settlement of trade: SEBI chief](https://images.assettype.com/fortuneindia%2F2023-09%2F0c2ae6ab-e6b2-4732-9dbd-72a125668e1f%2FGettyImages_1245752118.jpg?w=300&q=95)
Working on one-hour & ‘instantaneous’ settlement of trade: SEBI chief
SEBI in January 2022 had shortened the settlement cycle to T+1 from traditional T+2, making it the world’s first watchdog to implement such a rule
SEBI in January 2022 had shortened the settlement cycle to T+1 from traditional T+2, making it the world’s first watchdog to implement such a rule
In the not-very-far future, India will have a mechanism that will facilitate instantaneous settlements on the stock exchange, says Madhabi Puri Buch