T+1 SETTLEMENT
HOW T+1 SETTLEMENT SYSTEM WILL BENEFIT IN INDIA
Published By Livemint
| 27 Jan, 2023
Indian stock market is going to become first in the world that will have T+1 settlement cycle for investors
Such fast settlement cycle may get implemented in equity mutual funds and Exchange Traded Funds
The T+1 settlement cycle means that trade-related settlements must be done within a day
Indian equity markets will benefits from a liquidity perspective
It shows growth on the digital journey to ensure seamless settlements within 24 hours
This will also help investors in reducing the overall capital requirements
It will also boost operational efficiency as the rolling of funds and stocks will be faster
It also reduces and frees up capital required to collateralise that risk