One 97 Communications Limited has informed the Exchange regarding a press release dated April 21, 2025, titled "Paytm Money Introduces Reduced Interest Rates and Revised Brokerage for Pay Later (MTF) to Drive Affordability and Accessibility for Investors".
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Paytm Money, the broking arm of One 97 Communications (Paytm), has announced reduced interest rates and revised brokerage charges for its Pay Later Margin Trading Facility (MTF). The move is aimed at making trading more affordable and accessible for retail investors using the platform. Margin Trading Facility allows investors to trade with borrowed funds, and the rate reduction lowers the cost of carry for such trades. The revised pricing is intended to boost customer adoption and trading volumes on the Paytm Money platform.
Lower interest rates and brokerage may improve Paytm Money's competitiveness against rivals like Zerodha and Groww, but could also pressure near-term broking revenues. Increased volumes and user engagement may offset revenue impact over time, supporting the growth of Paytm's financial services vertical.