Mint Explainer: What is T+0 settlement and how will it benefit investors?

News Snapshot:

The eagerly awaited T+0 settlement cycle in the Indian capital markets became operational on 28 March, albeit on an optional basis, after the Securities and Exchange Board of India (Sebi) board approved a pilot. For now, T+0 settlement will run parallel to the existing T+1 settlement cycle in the equity cash segment. Sebi will assess the pilot after three and six months before deciding what to do next. Mint explains what all of this means for investors and the wider market. What is T+0 settlement? T+0 settlement simply means trades are settled on the day they are executed. That is,...