Zerodha, Angel One Get SEBI Nod To Offer Corporate Bonds

Large brokerage firms Zerodha and Angel One have received approval from the Securities and Exchange Board of India (SEBI) to introduce corporate bonds on their investment platforms, signalling growing competition in India’s retail fixed-income market, Moneycontrol reported.

According to the report, both brokers are currently testing their bond offerings and related features internally and are expected to make the products available to customers over the next few months. Dhan is also reportedly preparing to introduce corporate bonds on its platform.

Groww leads as brokers expand into bonds