What is the pay-in and pay-out schedule for scrips under CRS on T+3?
The transactions in scrips in CRS are settled on T+3 basis, i.e., both pay- in and pay- out of monies and securities for transactions on T day takes place on the same day i.e., on T+3. With this, the Indian stock exchanges have achieved settlements on Delivery v/s Payment (DvP) basis at the Exchange-Member level.