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: ...

Entrepreneurship student D’Andre McBride wants to launch a social enterprise that focuses on helping disadvantaged people with career and professional development, and, for the last two semesters, ...

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 ...

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 ...

ASBA (Application Supported by Blocked Amounts) is a process developed by the Securities and Exchange Board of India (SEBI) for applying to initial public offerings (IPOs). This has also been extended ...

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 ...

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 ...