Sebi nods ASBA-like facility for secondary mkt

Markets regulator Sebi will put in place a framework for the Application Supported by Blocked Amount (ASBA) facility for investors in secondary market trading, similar to the existing system for......

Sebi working on new ASBA-like payment system for secondary trades: Buch

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......

Asba now mandatory for institutions, HNIs

In his last press conference as chairman of the Securities & Exchange Board of India, C B Bhave extended the scope of some market reforms he initiated when entering office three years ago.Asba, or......

Sebi to fine-tune Asba to attract investors

The Securities and Exchange Board of India is re-looking at Asba , or Application Supported by Blocked Amount, norms to make the facility more popular. This will, in turn, accelerate the process of......