Earlier in December, Sebi had said that stock brokers who are designated as QSBs must put in place systems and processes for enabling seamless participation of investors in optional T+0 settlement cycle. Under the T+0 (T refers to the day of the trade and 0 is the day of settlement) settlement, which is currently optional for market participants, trades done in shares will be settled on the same day.
India in striking distance of 8% growth as reforms boost economy: Shaktikanta Das
Das said the BFSI sector has a crucial role to play in India’s journey from a lower-middle-income economy to a high-income economy, through its intermediation