Paytm and SBI Mutual Fund introduce Rs 250 SIP to promote financial inclusion
Paytm’s stock saw a 1% increase after launching a Rs 250 SIP in collaboration with SBI Mutual Fund, aiming to enhance financial inclusion. The initiative, named JanNivesh, is part of India’s Viksit Bharat vision, allowing investments with as little as Rs 250.…
- Paytm’s stock saw a 1% increase after launching a Rs 250 SIP in collaboration with SBI Mutual Fund, aiming to enhance financial inclusion.
- The initiative, named JanNivesh, is part of India’s Viksit Bharat vision, allowing investments with as little as Rs 250.
- This move is expected to expand the mutual fund investor base in India from 100 million to 300-400 million, contributing to the nation’s economic growth.