Monday, January 23, 2023

India bluechips set to shift to world’s fastest settlement cycle

India bluechips set to shift to world’s fastest settlement cycle Stocks from Reliance to TCS and Adani Enterprises will be settled on a ‘trade-plus-one-day’ timeline versus the earlier two-day process. The shift will boost operational efficiency as rolling of funds and stocks will be faster

from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-bluechips-set-to-shift-to-world’s-fastest-settlement-cycle_16820621.html

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