India leads the Charge with T+0 Settlement System

  • Landmark Move: India has taken a pioneering step in the stock market world by launching the T+0 settlement system, the fastest globally.
  • Same-Day Settlement: This system allows trades to be settled on the same day they are executed, unlike the existing T+1 system where settlement takes one business day.
  • Pilot Phase: The rollout is being done cautiously, with only 25 stocks initially eligible for T+0 settlement. These include prominent names like JSW Steel, State Bank of India, and Bajaj Auto.
  • Benefits Galore: The T+0 system is expected to increase liquidity, reduce counterparty risk, and offer investors more flexibility.
  • Future Outlook: The success of this pilot program will pave the way for a wider rollout and potentially even instant settlements in the future.

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