Retail investors bidding for shares in an IPO through intermediaries should make payments only through the UPI mechanism, according to the regulator.
The second phase of UPI as a payment mechanism commenced from July 1. In a circular on Friday, the watchdog provided a list of 45 banks through which retail investors can apply for IPO using UPI mechanism.
Read our full coverage on UP
The second phase of UPI as a payment mechanism commenced from July 1. In a circular on Friday, the watchdog provided a list of 45 banks through which retail investors can apply for IPO using UPI mechanism.
Read our full coverage on UP
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