BSE Midcap Index Kicks Off March on a Positive Note: A Look at Historical Trends

The BSE Midcap Index started the first trading session of March 2025 with a modest gain of 0.25%, outperforming the benchmark BSE Sensex. Market breadth for the midcap segment remained positive, with 19 stocks closing in the green, while 11 ended in the red. However, the broader trend over the past few months paints a different picture.

A Tough Start to 2025 for Midcaps

While March has begun on a slightly positive note, February 2025 was a challenging month for the BSE Midcap Index. The index recorded a sharp double-digit decline of over 10%, significantly underperforming the BSE Sensex. In the first two months of the calendar year 2025, the index has plunged by 17.6%, reflecting the heightened volatility in the midcap space.

Historical March Performance: What the Data Reveals

Examining past trends, the BSE Midcap Index has delivered an average return of 1.31% in March since 2009. Over the last decade, the index has alternated between gains and losses, closing positive in 5 years and negative in 5.

One of the standout performances was in March 2016, when the index recorded a double-digit gain of 10.90%. On the other hand, the steepest decline occurred in March 2020, when the index plummeted by 27.60% amid global market turmoil.

Conclusion: What Lies Ahead for March 2025?

Following consecutive sharp declines in January and February, investors are keenly watching whether the BSE Midcap Index can reverse its trend and post gains in March. While historical data provides insights, market movements remain subject to multiple factors, including broader economic conditions, corporate earnings, and global market sentiment. Only time will tell if March 2025 aligns with past positive trends or continues the recent downtrend.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nifty Smallcap 100 Index PE Near 1-Year Low; Below 5-Year Long-Term Average!

The Nifty Smallcap 100 Index represents the small-cap segment of the Indian financial market, comprising 100 actively traded stocks listed on the National Stock Exchange (NSE). It is calculated using the free-float market capitalisation method, where the index level reflects the total free-float market value of all constituent stocks relative to a base market capitalisation.

This index serves multiple purposes, including benchmarking fund portfolios, the launch of index funds, Exchange-Traded Funds (ETFs), and structured financial products.

Recent Performance: A Period of Underperformance

The Nifty Smallcap 100 Index has witnessed a notable decline, underperforming the broader market:

  • It has fallen nearly 18% from its September 2024 peak.
  • In February 2025, the index dropped by 6.54%, lagging behind the Nifty 50.
  • On March 3, 2025, during the first trading session of the month, the Nifty Smallcap 100 Index declined by 0.27% (provisional basis).
  • Market breadth remained weak, with only 36 stocks advancing, while 64 stocks ended in the red.

Valuation Perspective: Analysing the PE Ratio

As of February 28, 2025, the Price-to-Earnings (PE) ratio of the Nifty Smallcap 100 Index stood at 25.2, marking its lowest level in the past 1, 3, and 6 months.

  • It is also near the lower end of the one-year PE range.
  • The 2-year average PE stands at 26.67, while the 5-year average PE is 28.13, indicating the current valuation is below these long-term averages.

Historical March Performance: A Balanced Track Record

An analysis of March month returns for the Nifty Smallcap 100 Index over the last 10 years reveals an equal probability of positive and negative returns.

  • In 5 out of 10 instances, the index delivered negative returns.
  • In the remaining 5 instances, the index registered gains.
  • The most notable double-digit gains were:
    • 11.97% in March 2016
    • 12.44% in March 2019
  • The steepest decline occurred in March 2020, when the index plunged by 36.66%, coinciding with the global market turmoil during the onset of the pandemic.

Conclusion

The Nifty Smallcap 100 Index has been in a phase of correction, underperforming broader indices in recent months. Its valuation is at a multi-month low, and historically, March returns have been evenly split between gains and losses. While past performance does not dictate future outcomes, historical trends and valuation metrics provide useful insights into its current positioning within the market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Indian Equity Market Wipeout: ₹94 Lakh Crore Erased Amid Sensex Decline

The Indian stock market has witnessed a sharp downturn, erasing a massive ₹94 lakh crore in investor wealth over the past 5 months. The BSE Sensex, which touched an all-time high in September 2024, has since tumbled 13.5%, reflecting the widespread sell-off. So far in CY2025, the Sensex has declined 6.55%, bringing the market capitalisation of BSE-listed companies down to ₹384 lakh crore as of February 28, 2025, from a peak of ₹478 lakh crore in September 2024.

Key Drivers Behind the Market Sell-Off

The Sensex has seen a steep drop of 4,302 points, primarily attributed to:

  • Relentless selling by Foreign Institutional Investors (FIIs)
  • Mounting global economic uncertainty
  • Concerns over US tariff policies

These factors have collectively put immense pressure on Indian equities, leading to a prolonged market downturn.

March Market Trends: A Look at Historical Performance

The month of March has historically shown a mixed trend for the BSE Sensex. Since 2015, the index has closed in positive territory on 7 occasions, while it ended in the red three times.

Best and Worst March Performances in Recent Years:

  • Best March: 2016 saw the highest gain of 10.17% in the last decade.
  • Worst March: The COVID-19 market crash in 2020 led to a steep 23.05% decline.

Taking a broader view from 2009 onwards, the average returns for March stand at 1.56%.

Will March 2025 Offer Respite?

With the Sensex recording consecutive losses since December 2024, historical data suggests that March has often brought relief. However, past trends are not indicative of future performance. The trajectory of the Indian markets in March 2025 will largely depend on:

  • FII investment flows
  • Global market developments
  • Macroeconomic news and policy shifts

Conclusion 

While past data provides insight, the ever-evolving nature of the stock market underscores the importance of monitoring global and domestic cues for any potential recovery.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nifty Bank’s Resilience Amid Market Volatility: How Will It Perform in March?

February proved to be a testing period for Indian markets, with the Nifty50 index witnessing a significant decline of 6%. However, Nifty Bank, which tracks the most liquid and large-cap banking stocks, displayed relative resilience, declining by only 2.51%. Despite this outperformance, the index extended its losing streak for the third consecutive month.

As a key benchmark for tracking the performance of the banking sector in India, Nifty Bank consists of a maximum of 12 companies listed on the National Stock Exchange (NSE). The index serves as a crucial indicator for investors and market participants assessing the capital market performance of Indian banks.

Market Performance on March 3, 2025: A Volatile Session

On March 3, 2025, Nifty Bank opened higher but struggled to break past the previous session’s high of 48,574.50 convincingly. On the downside, it momentarily dipped below its January swing low before bouncing back. By 2:36 PM, the index was down by 0.42%, yet it managed to hold above the crucial 48,000 level.

The market breadth reflected mixed sentiments, with 7 out of 12 banking stocks trading in the red, while 5 stocks showed gains. ICICI Bank and SBI played a key role in supporting recovery from lower levels, whereas HDFC Bank and Axis Bank exerted downward pressure on the index.

Historical Performance of Nifty Bank in March

A look at historical trends since 2015 reveals a varied performance for Nifty Bank in March. The index ended the month in negative territory on four occasions, including the steep 34.32% plunge in March 2020 during the COVID-19 crisis.

Conversely, there have been instances where Nifty Bank delivered impressive double-digit gains. Notably, in March 2016 and 2019, the index surged by 15.74% and 13.58%, respectively. This historical volatility raises a compelling question—will Nifty Bank rebound and end March 2025 in the green?

Conclusion 

While past performance offers insights, market movements depend on multiple factors, including macroeconomic developments, banking sector performance, and global market cues. Investors will closely watch whether Nifty Bank can break its losing streak and deliver a positive return this March.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nifty50 Extends Decline Amidst FII Sell-Off: Can March Offer a Respite?

Despite a promising start to the first trading session of March, the NSE benchmark Nifty50 is struggling to sustain gains, trading 0.20% lower and slipping below the 22,100 mark as of 2:05 PM. The downward trajectory of Indian equities has persisted for several months now, with February marking the 5th consecutive month of decline—its longest losing streak since 1996.

February witnessed a sharp 6% fall in the Nifty50 index, making it the worst February performance since the COVID-19 crash. The sell-off was largely attributed to the “Trump factor,” triggering a broad-based decline across sectors, with IT, auto, and pharma stocks bearing the brunt of the downturn.

FIIs Sell-off, Intensifying the Downtrend

Foreign Institutional Investors (FIIs) played a significant role in February’s market volatility. On February 28 alone, FIIs sold off Indian equities worth ₹11,639 crore—their largest single-day outflow for the month. Throughout February, they remained net sellers, offloading stocks worth ₹34,574 crore in total.

Out of the 20 trading sessions in February, FIIs were net buyers on only two occasions—February 18, when they invested ₹4,786.6 crore in domestic equities, and February 4, when they purchased shares worth ₹809.2 crore. Their sustained selling pressure has significantly impacted market sentiment, exacerbating the ongoing correction.

Can March Reverse the Trend? A Look at Historical Data

Historically, March has often favoured the bulls. Since the COVID-19 crash in 2020, the Nifty50 index has delivered positive returns in every March. The strongest performance came in 2022, when the index rose by 3.99%.

Looking at a broader timeframe, since 2009, the Nifty50 has closed in the red during March on just five occasions, whereas in 11 instances, it ended with gains. The highest recorded return was 10.75% in 2016, reinforcing March’s historical tendency to be a recovery month for equities.

Key Economic Data to Watch in March

March is also a pivotal month, with several crucial economic indicators set to be released. Investors will closely monitor these data points, ahead of the RBI’s policy decision in April.

  • Industrial Production (IIP) & Consumer Price Inflation (CPI): Scheduled for release on March 12, these figures will offer insights into the health of the domestic economy.
  • Wholesale Price Inflation (WPI): Expected on March 14, this will be a key metric for gauging inflation trends and assessing potential policy measures.

Conclusion

As markets navigate ongoing uncertainties, these economic indicators, coupled with global developments, will play a crucial role in determining the trajectory of the Nifty50 in March.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

HDFC Bank Share Price Falls 1.5%: A Historical Look at March Performance

HDFC Bank is the largest private sector bank in India in terms of both advances and deposits. As of Q2FY25, the bank’s net advances stood at ₹24,951 billion. With a vast retail presence, HDFC Bank holds a leading market share across various product lines. By the end of Q2FY25, the bank had an extensive network of 9,092 branches and a workforce of 2,07,000 employees.

HDFC Bank Share Price Movement

As of 1:07 PM on March 3, 2025, HDFC Bank’s share price was down by 1.52%. Despite this dip, the stock outperformed the Nifty50 index in February, delivering positive returns of 1.98%. However, on a year-to-date (YTD) basis, the stock has declined by 3.8% so far.

HDFC Bank has historically maintained a streak of positive annual returns, with the last negative yearly close recorded in 2013. Since then, the bank has delivered consistent gains, with the highest annual return of 55.23% seen in 2017.

March Performance: Historical Trends

Looking at its March performance over recent years, HDFC Bank’s share price has delivered positive returns between 2022 and 2024. However, during the COVID-19 pandemic in March 2020, the stock witnessed a sharp decline of 26.80%.

The stock’s 52-week high and low range stands at ₹1,421.25 and ₹1,880, respectively, reflecting its volatility in the given period.

Q3FY25 Financial Performance

HDFC Bank reported a 2.2% year-on-year (YoY) growth in its standalone net profit for the December 2024 quarter. The net profit stood at ₹16,736 crore, compared to ₹16,373 crore in the same period last year.

Net Interest Income (NII) Growth

For Q3FY25, the bank’s Net Interest Income (NII) grew by 7.7%, reaching ₹30,650 crore. This was an increase from ₹28,470 crore reported for Q3FY24.

Deposit Growth

The bank’s average deposits for the December 2024 quarter stood at ₹24,52,800 crore, marking a 15.9% YoY growth from ₹21,17,100 crore in the December 2023 quarter. Compared to the September 2024 quarter, deposits saw a 4.2% rise from ₹23,54,000 crore.

Asset Quality and Non-Performing Assets (NPAs)

HDFC Bank’s gross non-performing assets (GNPAs) stood at 1.42% of gross advances as of December 31, 2024. Excluding NPAs in the agricultural segment, the GNPA ratio was 1.19%. This was a slight increase from 1.36% in the September 2024 quarter.

Comparing YoY figures, the GNPA ratio stood at 1.26% in December 2023 (1.11% excluding agricultural NPAs). Meanwhile, net NPAs were recorded at 0.46% of net advances as of December 31, 2024.

Conclusion

HDFC Bank remains a dominant player in India’s banking sector, with a strong market presence and consistent financial performance. While its share price declined 1.5% on March 3, 2025, historical data suggests that the stock has maintained a track record of resilience. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Advait Energy Transitions: Allotment of Equity Shares and Securing Major Contract

Advait Energy Transitions Limited (formerly Advait Infratech Limited) has announced the allotment of 19,261 equity shares pursuant to the conversion of previously issued warrants. This development follows an earlier announcement made on 6th September 2024 regarding the issuance of 1,41,591 convertible warrants at ₹1,776 per warrant.

The conversion has been executed following payment of the required balance amount, leading to an increase in the company’s issued and paid-up equity share capital. The new equity shares will rank pari-passu with existing shares in all respects.

The share price of Advait Energy Transitions was trading down by 7% as of 1:01 PM. 

Breakdown of Share Allotment

Two non-promoter entities have subscribed to the newly allotted equity shares:

Investor Category Shares Allotted
GKA Estates Non-Promoter 11,261
Kundalia Vatsal Bhavesh Non-Promoter 8,000

Following the allotment, the company’s total issued equity capital now stands at ₹10,81,98,540, consisting of 1,08,19,854 equity shares of ₹10 each.

Preferential Issue Details

  • The allotment was executed through preferential issue, a method that allows the company to issue shares directly to a selected group of investors.
  • The issue price per share was ₹1,776, including a premium of ₹1,766.
  • The conversion was completed as the company received ₹2,56,55,652 (₹1332 per warrant) as the balance amount.

Advait Energy Transitions Secures Emergency Restoration Systems Order

In a separate corporate update, Advait Energy Transitions Limited has secured a significant order from Parbati Koldam Transmission Company Limited for the supply and servicing of Emergency Restoration Systems (ERS).

Project Scope and Details

The contract involves the procurement of Emergency Restoration Systems for:

  • 2 X 400 kV Single Circuit Parbati – Koldam Transmission Line
  • 400 kV Double Circuit Koldam – Ludhiana Transmission Line

The order is classified under domestic procurement and is expected to be executed within a 10-month timeframe.

Significance of Emergency Restoration Systems

Emergency Restoration Systems (ERS) play a crucial role in ensuring the rapid restoration of transmission lines following unforeseen disruptions. These systems enhance grid resilience and minimise downtime, making them an essential component of the power infrastructure.

Conclusion

The recent allotment of equity shares and the contract for Emergency Restoration Systems mark notable corporate developments for Advait Energy Transitions Limited. The company continues to expand its operational footprint while raising capital through strategic issuances. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Rainbow Children’s Medicare Receives Approvals for New Hospitals in Gurugram

Rainbow Children’s Medicare Limited has received the necessary approvals to proceed with the development of 2 new hospitals in Gurugram, Haryana. The approvals, granted by Haryana Shehri Vikas Pradhikaran (HSVP), Panchkula, mark a significant milestone in the company’s expansion strategy.

The share price of Rainbow Children’s Medicare was down by 0.69% as of 12:41 PM.  

Land Acquisitions in Prime Locations

The company had previously announced the acquisition of two land parcels—one in Sector 44 and another in Sector 56 of Gurugram. These plots, spanning approximately 2.32 acres and 1.23 acres, were procured from HSVP. Strategically located, these sites are well-positioned to enhance healthcare accessibility in the region.

Regulatory Approvals and Project Progress

With the building plans now sanctioned for the proposed hospitals at Plot No. 167, Sector 44, and Site No. 2, Sector 56, the company is actively mobilising resources. Key preparatory steps are underway, and construction is set to commence shortly. This marks a crucial step towards strengthening the company’s presence in the healthcare sector.

Financial Performance and Growth Trends

For the October–December 2024 quarter (Q3FY25), Rainbow Children’s Medicare reported a revenue of ₹398 crore, with a robust operating margin of 33% and a profit after tax of ₹68 crore.

During the quarter, the average revenue per occupied bed (ARPOB) was influenced by a high base effect and an increase in the average length of stay. However, the average revenue per patient (ARPP) has continued its upward trend, growing at a steady rate of 6-7% quarter-on-quarter.

Commitment to Healthcare Expansion

This expansion aligns with Rainbow Children’s Medicare’s vision of enhancing healthcare accessibility and strengthening its footprint in key urban centres. By investing in new hospitals, the company continues to focus on delivering high-quality paediatric and maternal healthcare services.

Conclusion

With the groundwork now in place, further updates on the project’s progress are expected in due course. Once operational, these hospitals are set to provide advanced medical infrastructure, catering to the growing healthcare demands in Gurugram.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Women Now Make Up 25% of Investors and Hold 33% of Mutual Fund AUM

The Indian mutual fund industry has witnessed a remarkable transformation, with women now accounting for over 25% of individual investors and holding 33% of the individual assets under management (AUM), as per news reports.

This shift signifies not only greater financial independence but also a broader trend of financial inclusion. Women are taking a more proactive role in managing their investments, reshaping the landscape of wealth management.

Investors Beyond Big Cities Are Joining In

Another key trend is the participation of investors from beyond the top 30 cities in mutual funds. Financial awareness and accessibility have contributed to this expansion, ensuring that investment opportunities are no longer confined to metropolitan areas. 

The mutual fund industry has played an instrumental role in providing a platform for wealth creation, allowing more households across the country to participate in India’s financial growth story.

Mutual Funds Have Grown Over 9x in 16 Years

The mutual fund sector has experienced exponential growth over the years. The total AUM has surged from ₹5.89 lakh crore in May 2008 to a staggering ₹53.4 lakh crore in March 2024. This substantial rise is reflective of growing investor confidence and the increasing integration of mutual funds into household savings strategies. 

The share of mutual funds in Indian household savings has grown from 7.6% in FY21 to 8.4% in FY23, further demonstrating the industry’s growing relevance.

90% of Mutual Fund Investments Are Now Digital

Digital transactions have revolutionised the way investors access mutual funds. In FY 2024, approximately 90% of all mutual fund purchases were conducted through digital channels, highlighting the convenience and efficiency of modern investment platforms. The rise of digitalisation has removed barriers to entry, making investments more accessible to a wider audience, including first-time investors.

SEBI’s Role in Strengthening the Mutual Fund Landscape

The Securities and Exchange Board of India (SEBI) has been pivotal in maintaining the integrity and stability of the mutual fund ecosystem. Regulatory measures have ensured transparency, investor protection, and fair practices within the industry, fostering trust among investors.

Retail Investors Are Bringing Stability to Markets

Retail investors have emerged as a crucial component of the capital markets, providing resilience and liquidity. The growing inclination towards systematic investment plans (SIPs) and cost-efficient options such as passive funds suggests that investors today are more patient, disciplined, and well-informed. Awareness initiatives by the mutual fund industry have played a key role in fostering this shift towards structured and sustainable investing.

Conclusion: More Inclusion, More Growth

The increasing participation of women and retail investors signifies a promising future for the mutual fund industry. With digital advancements, regulatory support, and growing financial literacy, mutual funds are set to become even more integral to Indian household savings. The industry continues to evolve, ensuring that wealth creation remains an accessible and inclusive journey for all.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Paytm and RBL Bank Partner to Expand Digital Payment Solutions

Paytm has partnered with RBL Bank to provide its Soundbox and card machines to the bank’s merchant partners. The collaboration has plans to make digital payments more accessible for businesses by integrating multiple payment modes and real-time transaction tracking.

As of March 3, 11:57 AM, Paytm, owned by One97 Communications, is trading at ₹706.00, down ₹8.95 (1.25%) today, but up 18.54% in the past six months and 68.82% over the past year, while RBL Bank Ltd is at ₹152.48, down ₹5.86 (3.70%) today, with a 32.54% decline over the past six months.

Payment Solutions for Merchants

Under this partnership, merchants will be able to use Paytm’s Soundbox and card machines to accept payments across different modes, including UPI, RuPay credit card on UPI, UPI Lite, debit cards, credit cards, and EMI options from major banks. This gives businesses more flexibility in payment acceptance.

NFC Soundbox 

The Paytm NFC Card Soundbox enables ‘Tap and Pay’ transactions, making it easier for customers to pay using debit and credit cards. This also allows international tourists to make payments using their global cards. Merchants will receive instant audio confirmations in 11 languages for transactions. As per the filing, the integration with the Paytm for Business dashboard lets businesses track transactions in real time and receive instant settlements.

Merchants will have access to low and zero-cost EMI options through Paytm’s network of over 17 partner banks, as per the reports.

Statements from Paytm and RBL Bank

Ripunjai Gaur, CBO – Offline Payments, Paytm, stated “Our goal is to simplify payments for merchants by providing cutting-edge solutions that enhance efficiency and trust. Partnering with RBL Bank allows us to expand the reach of our pioneering Soundbox and card machines, ensuring businesses of all sizes can accept digital payments with ease. With instant settlements, EMI options, and diverse payment methods, we continue to innovate and support businesses in their digital growth journey.”

Narendra Agrawal, Head-Branch Banking & Retail Liabilities, RBL Bank, said “We are pleased to collaborate with Paytm to offer merchants on our network with advanced and innovative online payment solutions. This partnership aligns with our vision of enabling seamless, secure, and efficient transactions. With innovative offerings like Tap and Pay-enabled NFC Card Soundbox and feature-rich Paytm Card Machines, we are committed to supporting businesses in their digital transformation journey.”

Paytm’s Global Expansion

Paytm has been expanding its international reach, with UPI payments now supported in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal. The company also offers UPI Lite for small-value transactions, auto-pay, and peer-to-peer transfers.

All in all, the partnership focuses on expanding digital payment access for businesses while integrating payment solutions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.