Irdai asks insurers to provide ASBA facility for premium paymentsInsurance regulator Irdai mandates life and health insurers to implement the Bima-ASBA facility, enabling policyholders to block premium am...
19 Feb, 2025, 07.27 PM IST
ASBA mechanism for secondary trade in equity bleakens prospects for discount brokersThe facility is based on blocking of funds for trading in the secondary market through UPI, and initially, the facility will be optional fo...
02 Jan, 2024, 05.25 PM IST
NSE to roll out ASBA facility for secondary market trade in equity cash segment from January 1The facility is based on the blocking of funds for trading in the secondary market through UPI, and initially, the facility will be optiona...
29 Dec, 2023, 11.58 AM IST
Sebi’s new ASBA norm may increase competition among brokers: Upstox CEO Ravi KumarAs of January 2023, the number of demat accounts in India increased to 11 crore, up from 8.4 crore during the same period the previous year...
18 Apr, 2023, 11.08 AM IST
Sebi working on ASBA-like facility for secondary market transactions as wellSpeaking at the Global Fintech Fest here, Buch said in an initial public offering (IPO), the Application Supported by Blocked Amount (ASBA)...
21 Sep, 2022, 05.12 PM IST
ASBA applications to be processed only after blocking of money in investor's bank accountsThis will be applicable for all categories of investors -- retail, qualified institutional buyers, non-institutional investors and other re...
30 May, 2022, 08.27 PM IST
LIC IPO: SBI, ASBA designated bank branches to remain open this Sunday, accept IPO applicationsTo assist the processing of applications for the LIC IPO, the RBI instructed all Application Supported by Blocked Amount (ASBA) approved ba...
07 May, 2022, 11.19 AM IST
ASBA-designated bank branches to remain open on Sunday for LIC IPO: Reserve BankThe Government of India, in order to facilitate bidding for LIC IPO, has requested that all bank branches designated to process ASBA (Appli...
05 May, 2022, 11.25 AM IST
Sebi introduces additional payment modes for call money for partly paid securitiesThe decision has been taken as payment through Application Supported by Blocked Amount (ASBA) mechanism is investor friendly and enables fa...
08 Dec, 2020, 08.49 PM IST
Now you can't apply for public issue of shares without ASBA: Here's how it worksFrom January 1 this year, SEBI has made payment via ASBA mandatory to apply for any public issue of equity shares. Here's how you should go...
24 Nov, 2016, 11.48 AM IST
Sebi puts in place new form for ASBAWith a checklist regime kicking in for IPOs, capital markets regulator Sebi today put in place a new form for ASBA (Application Supported b...
01 Jan, 2016, 09.25 PM IST
Know all about Asba in public issuesAsba is an optional facility for applying to public issues. Under this mode, the investor directs his bank to block an amount equivalent to...
10 Dec, 2012, 08.13 AM IST
- RBI allows FIIs to hedge investments under ASBA route
The Reserve Bank allowed foreign institutional investors to hedge foreign currency risks arising out of investment in IPOs made through ASB...
20 May, 2011, 10.28 PM IST
- ASBA option for Initial Public Offer
To avail of the facility, you need to give an authorisation to block your application money in the bank account for subscribing to the IPO.
09 Mar, 2011, 05.24 AM IST
- Brokers deny ASBA facility to IPO investors
The implementation of Application Supported by Blocked Amount might see setbacks from broker apathy.
22 Mar, 2010, 04.11 AM IST
- Query corner- ASBA
Application Supported by Blocked Amount (ASBA) refers to an application mechanism for subscribing to initial public offers (IPO).
16 Dec, 2009, 09.55 AM IST
- Bankers, brokers squabble over fee
While bankers claim they process ASBA application, brokers say they do the marketing.
01 Oct, 2008, 04.02 AM IST