Question
When did the Securities and Exchange Board of India
(Sebi) implemented a T+0 (same day) settlement cycle for the cash segment on an optional basis, and when will instantaneous settlement be effective?Solution
The Securities and Exchange Board of India (Sebi) plans to implement a T+0 (same day) settlement cycle for the cash segment on an optional basis from March 28, 2023. Instantaneous settlement will be effective from March 2025. Â
What is the primary objective of the Self-Regulatory Organisation (SRO) framework introduced by RBI for Account Aggregators?
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