Every company needs to raise funds for various reasons such as repayment of debt, capital requirement, expansion etc. As the need for funds is universal, the Securities and Exchange Board of India, ...

ASBA (Application Supported by Blocked Amounts) is a process developed by the Securities and Exchange Board of India (SEBI) for applying to initial public offerings (IPOs). This has also been extended ...

Stock exchanges should need to accept the ASBA applications in their electronic book building platform only with a mandatory confirmation on the application monies blocked, Sebi further said.(Photo: ...

The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. Photograph: Kunal ...

National Payments Corporation of India (NPCI) announced today (July 29) that retail investors now have to mandatorily invest in the initial public offering (IPO) via Unified Payments Interface (UPI) ...

The consultation paper is a series of reforms the market regulator has come up with to reduce risks, In another attempt to further reduce risks for traders, the Securities and Exchange Board of India ...

Bajaj Allianz Life has become the first mainstream insurer to implement the BIMA-Application Supported by Blocked Amount (Bima-ASBA) facility. This initiative, launched by the Insurance Regulatory and ...

https://www.thehindubusinessline.com/money-and-banking/TMB-to-offer-ASBA-facility-from-today/article20085424.ece Copy Tuticorin-based Tamilnad Mercantile Bank (TMB ...

The new framework would eliminate the custody risk of client collateral, which is presently retained by the members and not transferred to the clearing corporation. With an aim to safeguard investors’ ...