Wealth 
Online
|
|||||||
 | |||||||
IPO Calendar
Essential Info
Issues Open Now
Tools
Sebi proposes alternative payment mode for share issue
2008-05-22 10:55:23 Source : News Bulletins/CNBC-TV18
| ads by google |
The Securities and Exchange Board of India, or Sebi, has proposed an alternative payment mode for share issues, reports CNBC-TV18. The proposed ASBA, or Applications Supported by Blocked Amount, system will allow application money to stay in investors' accounts till finalization. Retail investors bidding at the cut-off price can apply through SCBs. Self certified syndicate banks would accept applications and block funds.
SCBs will unblock funds on finalisation of share allotment.
|
 |
|  |
| Related links: | |
 |
 |
 |
Rate this article
Most Popular
Top Rated
Editor's Pick
|
||||||||||||||||||||||||||||||||||||
| Related links |
Explore Moneycontrol
STOCKS
A |
B |
C |
D |
E |
F |
G |
H |
I |
J |
K |
L |
M |
N |
O |
P |
Q |
R |
S |
T |
U |
V |
W |
X |
Y |
Z |
Others
MUTUAL FUNDS
A |
B |
C |
D |
E |
F |
G |
H |
I |
J |
K |
L |
M |
N |
O |
P |
Q |
R |
S |
T |
U |
V |
W |
X |
Y |
Z
172.31.1.223
News |
Markets |
IPO |
Technicals |
Mutual Fund |
Best Portfolio Manager |
Moneybhai |
Money |
Tax |
Insurance |
Property |
NRI |
Credit Cards |
Loans |
Learn & Plan |
Fixed Income |
Trends |
Technology |
Health |
Wheels |
Management |
Lifestyle |
Entertainment |
Advertising & Marketing |
Investigation |
Message Board
Site Map | About Us | Feedback | Contact Us | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.