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 ...

National Payments Corporation of India (NPCI) announced today (July 29) that retail investors now have to mandatorily invest in the initial public offering (IPO) via Unified Payments Interface (UPI) ...

Bima-ASBA is a UPI One-Time Mandate (OTM)-based mechanism that allows customers to block their premium amount until the policy is underwritten, much like the ASBA process used in stock market ...

Bajaj Allianz Life Insurance Company (BALIC) has gone live with the BIMA - Application Supported by Blocked Amount facility (Bima-ASBA), which will bring operational ease, enhance policyholder ...