Sebi mulls stock payment system bypassing brokers https://ift.tt/KcXGQik present, such a system exists in the 'primary' or IPO market. Sebi is exploring bringing the 'fund-blocking mechanism' to the secondary stock market. Known as ASBA or Application Supported by Blocked Amount, this method is mandatory for investing in initial public offerings (IPOs).
Sunday, August 7, 2022
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