UPSC CURRENT AFFAIRS – 28 September 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. These …
Source: Indian Express Context: Stock exchanges have decided to delay the implementation of T+0 (same-day) settlement cycle for institutional clients, which was set to start on September 30, 2024, on a voluntary basis. T+0 was introduced for retail clients in 25 securities as a beta version in March 2024. T+0 and T+1 Settlement Cycles: T+0 …
Facts for Prelims (FFP) Source: IE Context: SEBI, India’s securities market regulator, is working on introducing real-time settlement of transactions in the stock exchanges, known as T+0 settlement. Currently, the settlement process takes one day (T+1) after the trade date, but with T+0 settlement, funds and securities will be transferred instantly on the same day …
