Comment on Settlement Holiday and its Impact

Nithin Kamath commented on 17 Feb 2017, 02:28 PM

Ram, fund withdrawals have to be done through NEFT, and NEFT takes time. Not in our control, this is in the hands of RBI
Equity to commodity is not allowed by SEBI.
Quotes update on the terminal is also a function of how many ticks are changing on the exchange and we are also limited by the bandwidth constraints with Indian leased line providers. Comparing US to India may not really be the right way to do this. That said, for fund withdrawals we are working on adding an IMPS option for people who want it much faster. (IMPS would cost a little extra from the bank).

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