For public issues of REIT and InvIT , SEBI now offers UPI payment option
Retail investors may use UPI, or the unified payments interface mechanism, to apply in the public offering of REITs and InvITs for application values up to Rs 5 lakh, according to capital markets regulator Sebi. The Securities and Exchange Board of India (Sebi) stated in two separate circulars that the new framework, which aims to …
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