 "Paytm")
The Securities and Exchange Board of India (Sebi) has given approval to Paytm Money — the investment and wealth management platform of the mobile payments company — to start offering broking services. According to reports, it had applied for the licence in October last year.
“We are starting with our integrations with both exchanges, depositories, and building our platform to offer more investing and trading products,” Paytm Money wrote in a blog post.
Paytm Money has also received membership of NSE and BSE.
To handle the broking operations, Paytm Money is looking to set up a team to deal with
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