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, ...

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 ...

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 ...

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: ...

Indian private insurer Bajaj Allianz Life Insurance has implemented the Bima-ASBA facility, an initiative by the Insurance ...

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 ...

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 ...

Bajaj Allianz Life has become the first mainstream insurer to implement the BIMA-Application Supported by Blocked Amount ...

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 ...