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: ...

Market regulator Sebi's board approved ASBA-like facility for trading in the secondary market for investors. Stock brokers will be able to directly settle brokerage payments with UPI clients under the ...

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 ...

ASBA is an application containing an authorisation to block application money in the bank account, for subscribing to an IPO issue. (Representational image: Reuters) The board of the Securities and ...

Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised ...

Customers can now directly participate in primary markets through the ASBA facility and avail the benefit of high savings account interest until the date of allotment of shares. The facility is ...