SEBI Clears Framework For ASBA-Like Facility For Secondary Market Trading

The facility will be made available via UPI and will be optional for both investors and stockbrokers.

(Source: Reuters)

The Securities and Exchange Board of India has approved a broad framework for a facility similar to Application Supported by Blocked Amount for trading in the secondary markets.

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Jaspreet Kalra
Jaspreet covers banking and finance for BQ Prime. He is a graduate of St. S... more
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