On Tuesday, One 97 Communications announced that it had received the Certificate of Registration as a Research Analyst from the Securities and Exchange Board of India (SEBI) for Paytm Money.
With this approval, Paytm Money Limited can now provide SEBI-compliant research services, including investment insights, research reports, and data-driven analysis.
This announcement follows a SEBI case, which Paytm Money settled by paying Rs 45.50 lakh, without admitting or denying any violations. They were accused of not setting alert limits, missing documentation, failing system connections, and skipping a disaster recovery drill between April and September 2023.
As per the exchange filing, these services will soon be available on the Paytm Money app as part of a research and advisory feature, helping investors make informed financial decisions.
“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,” further detailed the corporate announcement.
The registration number for Paytm Money Limited as a Research Analyst is INH000020086.
