SEBI Chairperson Madhabi Puri Buch discusses the success of the T+0 settlement pilot project. She highlighted that when Indian markets transitioned to T+1 settlement, the defect rate of settlement, a measure used to assess the Delivery Vs Payment ratio, reduced. Prior to T+1, the defect rate was 0.7%-0.8%; after T+1 settlement, the ratio halved to 0.2%-0.3%. The entire T+1 settlement process optimized the system further, and the optional T+0 settlement is still underway. She also highlighted India's positional shift at global fora, moving from sitting in the last rows to being the new centre of attraction. Listen in.