SEBI approved list of Banks which can accept Applications Supported by Blocked Amount (ASBAs) from investors

January 1, 2010: SEBI has informed that ASBA facility shall be extended to all investors other than QIBs, in all public issues with effect from January 1, 2010. Following is the list of banks (Self Certified Syndicate Banks (SCSBs) which will be authorized to accept ASBAs in all issues w.e.f. January 1, 2010

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


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