Paytm Money gets SEBI approval on providing research services; shares rally

In the exchange filing, the company notified that the services shall be integrated into the Paytm Money app as part of a research and advisory offering.

Moneycontrol News

March 18, 2025 / 09:34 IST

Paytm Money gets SEBI approval on providing research services

On Tuesday, March 18, Paytm notified through its exchange filing that it has received SEBI's approval on Paytm Money providing services as a research analyst. Therefore, now the payment services platform owned by One-97 Communications will be able to provide SEBI-compliant research services, including investment insights, research reports, and data-driven analysis.

In early trading, the shares of One-97 Communications rallied about 3 percent on Tuesday, March 18.

These services shall be integrated into the Paytm Money app as part of a research and advisory
offering. It said in the filing, "This milestone aligns with Paytm Money’s objective to expand its offerings in the investment ecosystem, enhance user experience, and provide expert-backed insights to both retail and institutional investors."

Earlier this month, Paytm had also launched automatic payment deductions from bank accounts for trading on equity broking apps. ‘UPI Trading Blocks’ is a part of an automated process that is based on NPCI’s UPI infrastructure wherein funds are deducted during trade execution. It doesn't require the users to enter a UPI PIN for transactions at each time of its occurrence. This setup provides greater transparency, as the money stays in the investor’s bank account until required for a trade.

In the exchange filing notifying of the UPI Trading Blocks, the company said, “Once the trade is completed, users can track and manage their funds through the Paytm app. Currently, the feature is available for UPI handles of Axis Bank (@ptaxis) and Yes Bank (@ptyes) and will soon be extended to State Bank of India (@ptsbi) and HDFC Bank (@pthdfc).”