1 week ago
Zerodha, Angel One Win SEBI Approval For Corporate Bonds
Zerodha and Angel One want to let people buy corporate bonds through their apps.
SEBI has approved their plans.
The companies are testing the features before making them available to customers.
They expect to launch the services in the next few months.
Groww already offers corporate bonds and sells nearly ₹200 crore worth each month, according to sources cited in the report.
Bonds can give people another way to invest besides stocks.
More people have started investing in bonds, but the market is still much smaller than the equity market.
Zerodha also plans to support new bond issues and trading of listed bonds through Kite.
Zerodha and Angel One received SEBI approval to offer corporate bonds on their investment platforms.
Both brokers are internally testing bond offerings and expect to launch them for customers in the coming months.
Groww entered the corporate bond market in May and reportedly facilitates nearly ₹200 crore in monthly sales.
Nearly 40 entities have received approval under SEBI’s Online Bond Platform Provider framework since 2023.
Retail bond participation has grown sharply, but awareness remains lower than for equities, brokers said.
- Who
- Zerodha, Angel One, Groww, and other brokers and bond platforms are involved; SEBI approved the new offerings.
- What
- Zerodha and Angel One received approval to offer corporate bonds, while both prepare their platforms for launch.
- Where
- On investment platforms serving retail investors in India.
- When
- The approvals were reported recently; the two brokers expect to make the products available in the coming months. Groww entered the market in May.
- Why
- Brokerages are expanding into bonds as investors seek diversification beyond equities and as regulatory changes make bonds more accessible.
Key facts
- Regulator
- Securities and Exchange Board of India (SEBI)
- Approved brokers
- Zerodha and Angel One
- Expected launch
- The coming months, after internal testing
- Groww’s reported monthly sales
- Nearly ₹200 crore in corporate bonds
- Approved online bond platforms
- Nearly 40 entities since the framework was introduced in 2023
- Retail bond investors
- Around one million
- Zerodha’s planned features
- Primary public bond issues and secondary trading of listed bonds through Kite
Sources
Related news
Sebi Proposes Channel Partner Framework to Expand Retail Bond Access
SEBI Proposes Distributor Framework to Expand Retail Corporate Bond Access
Zerodha Receives SEBI Approval for Merchant Banking Licence
Sebi to Float Consultation Paper on Corporate Bond Distribution
SEBI Proposes Bond Distributor Network to Expand Retail Access
Greater Awareness and Participation Seen Boosting Corporate Bond Liquidity
Brokerages See Up to 55% Upside in Seven Stocks
Indian Stock Market Seen Flat Amid Crude Oil Rise
Indian Stocks Seen Flat to Lower Amid Weak Global Cues
Warsh Jackson Hole Speech Raises Rate-Hike Bets, Pressuring Indian Assets
Closing Auction Session Faces Volatility Despite Hopes For Stability
