🚀India's stock market is racing to catch up with crypto! SEBI plans to introduce a T+0 trade settlement cycle by March 28, offering same-day settlements for traders.💨
Why the rush? SEBI chair Madhabi Puri Buch believes instant settlements are crucial to compete with cryptocurrencies, as investors expect speedy results.🏃♂️
Advantages of T+0:
- Instant receipt of funds & securities🤑
- No settlement shortage risk🚫
- Greater control for investors🎮
Meanwhile, India embraces blockchain tech, hosting 8 million+ government documents on 5 platforms!📚
What do you think? Will T+0 help India's stock market compete with crypto? Share your thoughts below!👇