Groww secures online bond distribution licence: Report

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Groww has reportedly received approval to operate as an Online Bond Platform Provider (OBPP), allowing it to distribute listed corporate bonds through its platform.

According to an ET report, the licence allows Groww to offer retail investors direct access to corporate bonds, adding fixed-income products to its existing range of equities, mutual funds and other market-linked instruments.

Entrackr has reached out to Groww for more details.

The report also added that the licence enables Groww to list, distribute and facilitate transactions in corporate…



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Groww secures online bond distribution licence: Report


Groww has reportedly received approval to operate as an Online Bond Platform Provider (OBPP), allowing it to distribute listed corporate bonds through its platform.

According to an ET report, the licence allows Groww to offer retail investors direct access to corporate bonds, adding fixed-income products to its existing range of equities, mutual funds and other market-linked instruments.

Entrackr has reached out to Groww for more details.

The report also added that the licence enables Groww to list, distribute and facilitate transactions in corporate…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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