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, ...

If you are an investor and applying for an initial public offering (IPO), then you need to know about certain things related to public issue. One of the key facts related to IPO is ASBA (Applications ...

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 ...

How does it benefit a mutual fund investor? An investor will continue earning interest in the bank account until the NFO closes (the maximum period for an NFO has been reduced to 15 days for all ...

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 ...

Bajaj Allianz Life has become the first insurer to go live with the BIMA-Application Supported by Blocked Amount facility (Bima-ASBA). Bima-ASBA is the Insurance Regulatory and Development Authority ...

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 ...