NPCI to launch UPI for secondary market from Jan 1
UPI is now the most popular payment method for IPO applications, cornering around two-thirds of the market share
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UPI is now the most popular payment method for IPO applications, cornering around two-thirds of the market share
Yearender 2023: The Securities and Exchange Board of India (Sebi) changed its regulatory architecture, made significant changes across asset classes and initiated radical reforms.
Under the proposed settlement mechanism for stock trades, investors' funds will effectively leave their bank accounts only after trades are completed. This will eliminate the need to transfer funds to the stockbroker. Also, investors will do direct settlement with the clearing corporation of the stock exchanges.
Investors will soon have the option to trade in the secondary market using blocked funds in their bank accounts without transferring these funds to the stock broker.
INOX India Limited (the “Company”), shall open the initial public offering of its Equity Shares on Thursday, December 14, 2023.The Anchor Investor Bidding Date shall be Wednesday, December 13, 2023. The Offer will open on Thursday, December 14, 2023