Calendar for the implementation of T+2 rolling settlement w. e. f. April 1, 2003

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r No. 20 Sub: Calendar for the implementation of T+2 rolling settlement w. e. f. April 1, 2003 It has been decided to shorten the settlement cycle from the existing T+3 rolling settlement to T+2 rolling settlement w. e. f. April 1, 2003. After detailed deliberations with various market participants, a time schedule for the implementation of T+2 rolling settlement from April 1, 2003 was presc....