After moving to trade-plus-one (T+1) settlement cycle, Securities and Exchange Board of India (SEBI) is now mulling at intra day settlement of transactions on stock exchanges, its Chairperson Madhabi Puri Buch said on Monday.
From January this year, India moved from T+2 settlement cycle to T+1 cycle in top listed securities, bringing operational efficiency, faster fund remittances, share delivery, and ease for stock market participants.
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