Bima-ASBA is a UPI One-Time Mandate (OTM)-based mechanism that allows customers to block their premium amount until the policy is underwritten, much like the ASBA process used in stock market ...

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 ...

Capital market regulator SEBI has introduced a ASBA (Application supported by Blocked Amount)-like process for trading in secondary market based on blocked funds in investor’s bank account, instead of ...

Bajaj Allianz Life has become the first insurer to go live with the BIMA-Application Supported by Blocked Amount facility (Bima-ASBA). Bima-ASBA is the Insurance Regulatory and Development Authority ...

The Sebi board on Wednesday approved ASBA-like facility for secondary market trading where the funds earmarked for trading by an investor will be blocked and released only when there is a demand from ...

The Securities and Exchange Board of India (Sebi), the country’s primary regulator for securities markets, has long been committed to empowering investors. Since its inception in 1992, Sebi has ...