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Paytm Money Gets SEBI Research Analyst Registration

18 March 20251 min read
BANKING & FINANCEPaytm Money GetsSEBI ResearchAnalystRegistration18 March 2025safalsetu.com

Why in the news

SEBI granted Paytm Money a Research Analyst licence, letting the platform widen its investment offerings.

Key facts

  • Regulator: SEBI; registration type: Research Analyst.
  • Allows research reports and investment analyses for retail and institutional clients.
  • Company says it fits its plan to expand offerings, improve user experience and give expert-backed insights.
  • Next step: research and advisory features integrated into the app.

Background: Paytm Payments Bank issues

ConcernDetail
Money-launderingTransaction values went well beyond regulatory limits
Dormant accounts31 crore of 35 crore e-wallets dormant; raises mule account risk
KYCMajor irregularities put users at risk
ComplianceSubmissions were faulty and incomplete
AuditAn external firm was to audit the systems

Exam angle

  • Research Analyst registration comes from SEBI.
  • Paytm Payments Bank (PPBL) faced RBI action over KYC and AML concerns.

Test yourself

1. Which regulator issued the Research Analyst registration certificate to Paytm Money?

SEBI granted the Research Analyst registration.

2. What can Paytm Money do after receiving the Research Analyst certification?

The certificate lets it provide research and analyses to retail and institutional investors.

3. Out of 35 crore Paytm Payments Bank e-wallets, how many were dormant?

31 crore were dormant, with only 4 crore showing some activity.