Question
Which company’s subsidiary has launched a bonds
platform for retail investors in India to enable retail investors to invest in three types of bonds - government, corporate and tax-free?Solution
One 97 Communications, the parent entity of Paytm has announced that its wholly-owned subsidiary Paytm Money has launched a bonds platform for retail investors in India. The platform will enable retail investors to invest in three types of bonds - government, corporate and tax-free. Bonds on Paytm money app present investors all relevant information at one platform, and convert everything to yield so investors can analyse and understand the returns they can earn.
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