Paytm has applied for a license to start money market fund in India, according to a latest report from Bloomberg. The latest news comes a month after the leader in digital wallet business launched Paytm Payments Bank. The money market mutual fund will allow users to invest cash in short term debt securities and earn interest. Currently, there is no word on the details about the interest rate. Continue reading “Paytm seeks RBI license to start money market fund”
