Sebi proposes implementation: Sebi proposes option of T+0, instantaneous settlement for equity cash segment
Sebi said an instant settlement mechanism enables instant receipt of funds and securities and eliminates the risk of settlement shortages, since both funds and securities will be required to be available before placing the order.
Exchange Board Of India Sebi On Exchange Board Clearing Corporations Sebi Proposes Implementation Xt O Capital Market
Source: indiatimes.com