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, ...
From New Year, stock marker regulator SEBI has made it compulsory for retail investors applying to initial public offers (IPOs) to take the ASBA — Applications Supported by Blocked Amount — route.
Mumbai: Public sector lender Union Bank of India today said that it has made available the ASBA service to its customers for the rights issue of Tata Motors and Sadhana Nitro Chem, both of which ...
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 ...
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 ...
In a bid to facilitate bidding for the public issue of the life insurer Life Insurance Corporation of India (LIC), the government has requested all bank branches designated to process Application ...
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 ...