Market regulator Sebi asked the banks providing ASBA (Application Supported by Blocked Amount) facility for public offers to use their accounts in other registered banks while making their own ...

The new guidelines will be applicable for public issues opening on or after September 1, 2022, Sebi said in a circular. Whenever retail investors files an application for an IPO and pays money to ...

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 capital markets regulator, Securities and Exchange Board of India (SEBI), last week approved a framework for Application Supported by Blocked Amount (ASBA)-like facility for trading in the ...

To assist the processing of applications for the LIC IPO, the RBI instructed all Application Supported by Blocked Amount (ASBA) approved bank offices to remain open on May 8 (Sunday). The State Bank ...

Indian stock markets regulator Securities and Exchange Board of India (Sebi), on Monday, May 30, 2022, has issued a circular which prescribed the facility of Application Supported by Blocked Amount ...

Capital market regulator Sebi on Tuesday came with a circular to make application supported by blocked amount (Asba) more popular among retail investors. The circular states that syndicate and ...

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, ...

Capital markets regulator Sebi on Monday said ASBA (Application Supported by Blocked Amount) applications in public issues will be processed only after the application money is blocked in the investor ...