Search result for 'asba'

Irdai's Bima-ASBA facility for insurance premiums aims to eliminate unauthorized deductions, ensure timely refunds, and enhance transparency for policyholders.

Insurance regulator Irdai has directed life and health insurers to provide Bima-ASBA, a facility allowing policyholders to block premium payments in their bank accounts. Learn more about this new...

Sebi has abolished the mandatory 1% security deposit requirement for public issues, aiming to ease business for issuer companies. The move comes after a consultation paper proposing its removal due...

Sebi sets up a pavilion at the India International Trade Fair to educate the public on financial markets and investments, promoting safe and responsible investing practices.

Sebi has directed qualified stock brokers (QSBs) to offer UPI-based block trading or 3-in-1 accounts to investors from February 1, 2025. This move aims to improve investor convenience and access to...

Starting February 1, stock brokers must offer UPI-based fund blocking or 3-in-1 accounts, enhancing investor security and convenience. Learn about the new rules and options available to investors.

Sebi proposes making UPI block mechanism mandatory for secondary market trading, similar to ASBA, allowing investors to trade with blocked funds in their bank accounts.

Sebi proposes mandatory UPI block mechanism for secondary market trading, similar to the ASBA facility, to enhance investor protection.

Sebi clarifies that it is not mandating the T+0 settlement system for all stocks, but rather discussing the ASBA facility, which offers potential benefits for retail investors.

Sebi Chair Madhabi Puri Buch highlights Rs 60,000 crore annual losses in derivatives, calls for stricter regulations and compares the situation to Paytm's KYC issues.

A Sebi panel recommends removing the mandatory security deposit requirement for IPOs, aiming to ease access to the primary market for companies. This move follows a reduction in investor complaints...

HDFC Bank joins UPI for secondary market trading, enabling investors to block funds in their accounts for stock purchases through the UPI app. Learn more about this new feature and its benefits.

NPCI announces the launch of UPI for Secondary Market next week, enabling investors to block funds in their bank accounts for stock trading. Learn more about this new feature and its impact.

SEBI will introduce an ASBA-like facility for secondary market trading in India from January or February 2024, aiming to protect investor funds and potentially save Rs 3,500 crore annually.

SEBI aims to introduce same-day settlement of trades on stock exchanges by March 2024 and eventually have real-time settlement, its Chairperson Madhabi Puri Buch said.