One97 Communications Limited (OCL), India’s leading mobile payments and financial services company, has announced that its subsidiary Paytm Money Limited has launched the most advanced bonds platform for retail investors in India, allowing them to invest in three types of bonds – government, corporate and tax-free.
Paytm Money is the first to bring easy investments in direct mutual funds and equity investments, and is at the forefront of innovation in the Indian capital markets. The Bonds on Paytm Money app presents investors with all relevant information at one place, and converts everything to yield so investors can analyse and understand the returns they can earn.
Paytm Money is leveraging the existing strong regulatory framework to innovate and bring a simple, secure and transparent bond product to India, with investor safety features such as limit order, prices compared across both NSE and BSE, and the best exchange rate pre-selected, credit ratings from multiple rating agencies. Varun Sridhar, CEO, Paytm Money said, “We will continue to bring the best technology-driven features for investors with the safety and security they deserve.
