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, ...

While early adopters have shown the system can work, several insurers seem to continue to grapple with legacy infrastructure, ...

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 ...

In another attempt to further reduce risks for traders, the Securities and Exchange Board of India (Sebi) has floated a consultation paper to discuss blocking of funds in the bank account itself ...

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: ...

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) ...

In a bid to facilitate bidding for the public issue of the life insurer Life Insurance Corporation of India (LIC), the government has requested all bank branches designated to process Application ...

In what could be seen as definitive move towards making the Applications Supported by Blocked Amount (ASBA) process effective, the Sebi has announced that it has received self certification ...

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 ...