Individuals can now utilize UPI for public issue payments of up to ₹5 lakhbre
SEBI has said individual investors applying in public issues of equity shares and convertibles can use Unified Payment Interface (UPI) for application amount up to Rs 5 lakh. Also, they have been asked to provide their UPI ID in the bid-cum-application form submitted with any of these entities — syndicate member, stock broker, depository participant and registrar to an issue and share transfer agent....