Application Supported by Blocked Amount (ASBA) facility in public/ rights issue

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..... 09/30/12 dated December 30, 2009, on the captioned subject. 2. It has come to our notice that some banks while making applications on own account using ASBA facility are doing so without having clear demarcated funds and that some banks are marking lien against credit limits / overdraft facility of their account holders' for ASBA applications. 3. Self Certified Syndicate Banks (SCSBs) are hereby .....

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