SEBI Aims for One-Hour Trade Settlement by March 2024, Instant Settlement by October 2024

There’s some great news for retail investors with SEBI sources telling Business Today TV that by the middle of next year, equity trades will be settled in just one hour. Currently, settlements are done in a day. What’s more, SEBI is also looking at real-time, instant settlements which will take another 6 to 7 months to be implemented. BTTV's Sakshi Batra explains what this means and how revolutionary a step this is…