Comment on Query of the Day
commented on
26 Jul 2016, 08:20 PM
T+2 settlement means Shares would be credited to our Demat account on the 3rd day..may I know the exact cut off time when the shares are trnsfrd from pool account?
If inT+2 settlement if the shares are credited to Demat account on the 3rd day then why is that the bills posted on to our ledger on the “T” itself and the said amount is debited..don’t you think it is unfair on the part of investor whose account is debited even before the cutoff time…??