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: ...

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 ...

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 ...

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 ...

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 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 ...

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 ...

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 ...