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 www.sebi.gov.in
Given below is the list of Banks which have been authorized to accept ASBAs in all issues w.e.f. January 1, 2010. This list is also made available on the website of SEBI. Names of other banks will be added to the list as and when requisite certificate is submitted by them to SEBI.
Sl. No.
Name of the bank
1.
Axis Bank Ltd
2.
State Bank of Hyderabad
3.
Corporation Bank
4.
State Bank of Travancore
5.
IDBI Bank Ltd.
6.
State Bank of Bikaner and Jaipur
7.
YES Bank Ltd.
8.
Punjab National Bank
9.
Deutsche Bank
10.
Union Bank of India
11.
HDFC Bank Ltd.
12.
Bank of Baroda
13
ICICI Bank Ltd.
14.
Vijaya Bank
15.
State Bank of India
16.
Bank of Maharashtra
MumbaiDecember 31, 2009
