The exchange had filed a settlement application before the regulator first in 2023 and then a revised application in August 2024
Stock brokers may be allowed in the RBI-operated NDS-OM system for government securities
The settlement clears a hurdle in the initial public listing of the country's largest stock exchange, for which it had first applied in 2016
Also, the Securities and Exchange Board of India (Sebi) had received representations to extend the relaxation