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'content' => '<p style="text-align: justify;">January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. </p>
<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
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The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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include - APP/View/Articles/view.ctp, line 115
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View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
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The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
<p> </p>
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'content' => '<p style="text-align: justify;">January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. </p>
<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
<p> </p>
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January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications.
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue.
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers.
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board.
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
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The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
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The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
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The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
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The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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'summary' => 'January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. ',
'content' => '<p style="text-align: justify;">January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. </p>
<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
<p> </p>
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'content' => '<p style="text-align: justify;">January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. </p>
<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
<p> </p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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'Article' => array(
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'title' => '27 BFIs Enter ASBA System',
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'summary' => 'January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. ',
'content' => '<p style="text-align: justify;">January 11: Securities Board of Nepal (SEBON) has approved 27 banks and financial institutions (BFIs) to implement ASBA (Application Supported by Blocked Amount) system. The board has also requested other BFIs meeting the criteria for ASBA implementation to submit applications. </p>
<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
<p> </p>
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<p style="text-align: justify;"><br />
Under the ASBA system, general investors can apply for initial public offering (IPO) directly through their bank accounts and an IPO applicant's account doesn't get debited until shares are allotted to them. Moreover, ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. </p>
<p style="text-align: justify;"><br />
The BFIs that were granted approval from SEBON for ASBA includes 18 commercial banks and 9 development banks. SEBON is planning to implement ASBA through all the BFIs so that to provide easy services to the customers. </p>
<p style="text-align: justify;"><br />
The board informed of receiving additional few application from the BFIs and few in the process. "After thorough study of the applications, more BFIs will be given the approval in coming days," said Neeraj Giri, Spokesperson of the board. </p>
<p style="text-align: justify;"><br />
The ASBA system is being implemented in order to make the securities issuance faster and transparent providing ease to general investors while trading securities. According to the board, the system will not be made mandatory but optional in its initial phase. </p>
<p> </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117