The market believes a shorter settlement cycle proposed by Sebi may hamper price discovery and lead to other inefficiencies. Ola says it is postponing the sale process of its electric scooter S1 by a week to September 15.
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Concerns loom as regulator bites the bullet on T+1 settlement cycle
Market participants believe that the move to a shorter T+1 settlement cycle from 2022 will not be easy and require a coordinated effort among exchanges, depositories, and clearing corporations.
Two different settlement cycles on different exchanges for