Bengaluru-based startup Stable Money obtained the OBPP license from Sebi, allowing them to offer online platform for company bonds. The license broadens investment options for retail investors and enables Stable Money to democratize access to the bond market. The company plans to offer bonds with minimum ticket sizes of Rs 1,000 or less.
On November 28, Moneycontrol exclusively reported Ministry of Corporate Affairs has approved the application submitted by online bond platform providers for the formation of their industry body.
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