Sebi Eyes Same-Day Settlement Netting for FPIs
Why in the news
Sebi weighed easing settlement for foreign investors, alongside wider market reforms.
Key facts
- Now: delivery for every trade, adding cost and complexity.
- Proposed: netting of same-day trades, settling only the difference.
- SWAGAT-FI may allow other FEMA-approved routes; talks continue with RBI and the Finance Ministry.
- Also: review of short selling and securities lending, a closing auction session, corporate bond and retail push, institutional entry into commodities.
Exam angle
- FPI = Foreign Portfolio Investor.