Stay updated with breaking news from Application Supported. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
National, November 01, 2023: Protean eGov Technologies Limited (formerly known as NSDL e-Governance Infrastructure Limited) shall open its initial public offering of Equity Shares on Monday, November 06, 2023. The total offer size of initial public o
Zerodha’s post claims that this ASBA-like facility will be a business risk because of the technical requirements that will come with it and the cash-flow challenges it will pose.
The leading brokerage shared this, along with other business risks, in a blog post to mark its 13 years in the industry.
Zerodha said the Application Supported by Block Amount (ASBA) like mechanism using the UPI mandate for buying stocks can be a business risk in the future.