Sebi extends phase 1 implementation of UPI for retail IPO investors till June 30

Sebi extends phase 1 implementation of UPI for retail IPO investors till June 30 In November 2018, the regulator had said it would launch UPI as an alternative payment option for retail investors buying shares in a public issue in a phased manner from January 1, 2019, which will cut listing time for an IPO to three days from existing six days.

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