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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.
Fintechs expect retail participation in the bond market to grow similar to the equity markets during the Covid lockdown as Sebi allows companies to issue bonds at a face value of Rs 10,000. Bonds could prove to be a competitor to FDs.
Hi, this is Pratik Bhakta in Bengaluru. Its been a busy news week for us here at ETtech covering some of the most important stories in the fintech space. We had a string of big exclusives, wrapping it up here just in case you missed reading them.
Financial Literacy News: Looking for a secure investment with an interest rate over 8%? Let's talk about RBI Floating Rate Savings Bonds (FRSBs) 2020 (Taxable). Currently, these bonds offer an interest rate of 8.05% per annum, making them an attractive choice among debt investments. Will this rate remain stable? How is the interest rate calculated? If you're considering investing in these bonds, here's what you need to know.
Edul Patel, CEO and co-founder of Mudrex addressed some of the most common questions regarding Bitcoin and its investment potential. As the cryptocurrency landscape evolves rapidly, Patel aimed to shed light on key aspects to help investors navigate this dynamic market.