31 March 2024 — SEBI Chairperson Madhabi Puri Buch discusses the challenges and achievements of attaining the global first T+0 settlement, along with insights on personal mantras for success.
Key Points:
- T+0 Settlement: Buch reflects on the journey of achieving T+0 settlement, likening it to peeling an onion and solving layers of problems to reach a global first.
- Problem-Solving Analogy: She describes problem-solving as “onion peeling,” acknowledging the discomfort but emphasizing the eventual clarity it brings.
- SEBI’s Milestone: India’s move to T+0 settlement is a significant milestone, showcasing the country’s innovation and progress in capital markets.
- Personal Mantras: Buch shares her mantra of doing what is right, leaving no stone unturned, and facing challenges with determination and no regrets.
- Advice to Graduates: She encourages graduates to discover their own mantras for success and operate within a default setting that feels effortless and enjoyable.
- Adapting to Challenges: Buch advises students to adapt their mantras as needed and probe their nature if facing dilemmas or uncertainties.
- Optimism for the Future: Despite challenges, Buch expresses optimism about the current generation witnessing the “high noon” of the new India, highlighting opportunities and achievements ahead.
Conclusion:
SEBI’s achievement of T+0 settlement reflects India’s progress in capital markets, with Buch’s insights on personal mantras and problem-solving offering valuable guidance to graduates entering the professional world.
