SEBI's Shift to One-Hour Trade Settlements Soon
The stock market landscape is about to witness a groundbreaking change as SEBI, India's market regulator, gears up to revolutionise trade settlements. In a significant move, SEBI chairperson Madhabi Puri Buch announced at the Global Fintech Fest 2023 that India is set to shift from the conventional 'T+1' settlement to one-hour trade settlements, ultimately culminating in instantaneous trade settlement.
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