SEBI targets instant settlement

PTI

Updated At : 01:20 PM Jul 25, 2023 IST

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

Mumbai, July 24

Capital markets regulator SEBI is aiming to introduce instantaneous settlement of trades on the stock exchanges by next fiscal, its chairperson Madhabi Puri Buch said on Monday.

SEBI, which has trimmed the settlement timelines to as short as one day after transaction, is looking to shorten the same further and instantaneous settlements are not far, she told reporters here. The regulator is speaking to participants in the ecosystem to introduce this facility.

Tags :

Mumbai

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles