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SEBI to introduce unified payment interface mechanism to apply for IPO upto application value of Rs. 2 lakhs

November 23, 2020
In addition to the ASBA, the SEBI has decided to provide an option to investors to apply in public issues of debt securities through the app / web interface of Stock Exchange(s) with a facility to block funds through Unified Payments Interface (UPI) mechanism for application value upto Rs. 2 Lac.
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