Monday, January 04, 2010

List of Banks which can accept Applications Supported by Blocked Amount (ASBAs)

List of Banks which can accept Applications Supported by Blocked Amount (ASBAs) from investors in issues w.e.f January 1, 2010

SEBI, vide its press release dated December 10, 2009 had informed that ASBA facility shall be extended to all investors other than QIBs, in all public issues with effect from January 1, 2010. It was also informed that SEBI would be displaying names and other relevant details of banks (Self Certified Syndicate Banks (SCSBs) which will be authorized to accept ASBAs w.e.f. January 1, 2010, on the website http://www.sebi.gov.in/

The SEBI has issued press release containing list of Banks which have been authorized to accept ASBAs in all issues w.e.f. January 1, 2010.

Click the title for the text of the press release (PR No.422/2009)

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