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The T+2 settlement cycle is a term used in the Indian capital market to refer to the time taken for a trade to settle after the trade date. In the T+2 settlement cycle, the settlement of trades takes place on the second business day after the trade date. The T+2 settlement cycle was introduced in India in 2003 to reduce the settlement risks and to align the Indian market with international standards. The settlement cycle is used to calculate the date on which the seller must deliver the securities and the buyer must make the payment for the securities. Hence, option A is correct.
Long-term borrowings are essential for supporting a company's large-scale investments and capital expenditures. These borrowings typically have extended...
Which of the following statements is/are correct about Gift City's International Financial Services Centre (IFSC)?
1) It is a global financ...
What does ‘R’ in CRILC stand for?
...The risk that loss may arise on account of trading in SLR and other securities by a bank is classified as ______
Which European financial regulatory body revoked CCIL’s recognition?
As per IRAC norms, an asset becomes NPA when the interest or installment remains overdue for more than:
Self Reliant India (SRI) Fund Scheme of the Ministry of MSME provides equity funding to those MSMEs which have the potential and viability to grow and b...
Which of the following instruments is commonly used by banks to manage short-term liquidity needs?
What does Provisioning Coverage Ratio (PCR) indicate?
A stock is selling at Rs 50. An analyst’s valuation model estimates its intrinsic value to be Rs 45. Based on her estimate, a stock is: