Retail investors must use UPI option to be allowed to invest in IPOs

Updated: July 29, 2019 09:09 PM IST

For the secure, simple and seamless process of investing in IPOs, the National Payments Corporation of India (NPCI) on July 29th said that it's mandatory for retail IPO investors to pay through UPI-based ASBA (Applications Supported by Blocked Amount) option.



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