scorecardresearchSEBI rolls out new norms on settlement of running account

SEBI rolls out new norms on settlement of running account

Updated: 28 Jul 2022, 10:38 AM IST
TL;DR.
Running account settlement, in market parlance, is the process of transferring back the unused funds of the clients to their accounts by stock brokers
If the first Friday is a trading holiday, then such settlement will happen on the previous trading day

If the first Friday is a trading holiday, then such settlement will happen on the previous trading day