Bajaj Allianz Life has become the first mainstream insurer to implement the BIMA-Application Supported by Blocked Amount (Bima-ASBA) facility. This initiative, launched by the Insurance Regulatory and ...

National Payments Corporation of India (NPCI) announced today (July 29) that retail investors now have to mandatorily invest in the initial public offering (IPO) via Unified Payments Interface (UPI) ...

Capital market regulator SEBI has introduced a ASBA (Application supported by Blocked Amount)-like process for trading in secondary market based on blocked funds in investor’s bank account, instead of ...

Bajaj Allianz Life Insurance Company (BALIC) has gone live with the BIMA - Application Supported by Blocked Amount facility (Bima-ASBA), which will bring operational ease, enhance policyholder ...