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