Choice Wealth secures strategic digital investment platform mandate by IPPB

New Delhi, Jan 8 (PTI) Choice Wealth, a subsidiary of Choice Equity Broking Pvt Ltd, has been awarded a contract by India Post Payments Bank (IPPB) to deploy a comprehensive digital investment platform for its customers.

Under this mandate, Choice Wealth will deploy a one-stop digital investment platform providing online mutual funds aggregator services and Robo-Advisory (Investment) services along-with the other online investment services for the existing and prospective customers of the bank, a joint statement said.

This will enable IPPB customers to access investment products seamlessly through mobile applications, web-based platforms, and IPPB’s mATM-compatible devices, it said.

The collaboration brings together IPPB’s unmatched national reach and Choice Wealth’s digital and wealth management capabilities to unlock a powerful distribution-led investment ecosystem, it added.

****** Axis Finance rolls out Vyapar Business Loan with easy access to credit *Axis Finance Ltd, the NBFC arm of Axis Bank, on Thursday launched Axis Finance Vyapar Business Loan, a collateral-free credit solution designed to meet the financing needs of micro and small businesses across semi-urban and rural markets.

Vyapar Business Loan aims to empower micro and small entrepreneurs across the retail, service, and trading segments by offering loans of up to Rs 10 lakh, flexible tenures, and zero collateral requirements, Axis Finance said in a statement. The product offers a convenient financing solution for working capital, business expansion, or equipment upgrades, it said.

With minimal documentation and simplified process, it ensures quick and hassle-free access to credit for India’s self-employed community, it said. PTI DP DP ANU ANU