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, ...

The central bank governor Shaktikanta Das, while announcing the monetary policy decision today, has approved UPI (Unified Payment Interface) system for ASBA for secondary markets. Earlier in June 2022 ...

The investors can apply in any public/ rights issues by using their bank account with the help of the ASBA facility. An investor can submit the ASBA form at any branch of the bank after filling in the ...

In December 2009, Sebi prescribed the facility of ASBA in public issues for all categories of investors except Qualified Institutional Buyers (QIBs).(Reuters) IPO application rules tweaked: In a bid ...

Last week, SEBI’s board approved an ASBA-like facility for investors trading in the secondary market. The move is apparently aimed at improving transparency and security to client funds lying with the ...

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 ...