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: ...

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 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 ...

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 ...

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 ...

The Securities & Exchange Board of India (Sebi) has taken several initiatives to help the retail investor partake in India?s capital markets. It speeded up rights issues and IPOs, increased penalties ...

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