The IPO allotment process is key in an IPO, as it involves the distribution of shares to investors who apply during the subscription period. When a firm goes public, it seeks applications from ...

Learn about the IPO refund process, including why refunds occur, how they are handled through ASBA, the typical timeline, and what to do if there is a delay. Initial Public Offerings (IPOs) have ...

Summary: The IRDAI has introduced Bima Applications Supported by Blocked Amount (Bima-ASBA), a facility akin to the ASBA process used in capital markets, to streamline premium payments for insurance.

IRDAI has permitted insurers to block funds in a customer’s bank account via UPI for premium payments for life and health insurance policies In a circular, the insurance regulator said that the ...

Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as January ...

To safeguard investors’ money from misuse, an ASBA-like facility for trading in secondary markets will be available from January or February, Sebi chief Madhabi Puri Buch said on Friday. This ...

MUMBAI: The Securities and Exchange Board of India (Sebi) on Wednesday reduced the time period for listing of shares in public issue to three days (T+3) from the existing six days (T+6), which would ...

The new facility will allow investors to trade in secondary market based on blocked funds in their bank accounts, rather than transferring the funds upfront to the trading member Such a facility is ...

With an aim to safeguard investors' money from misuse and default by stock brokers, Securities and Exchange Board of India (SEBI) on Monday introduced a supplementary process for trading in the ...

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 ...