Beyond major urban hubs: SEBI plans distributor model to boost retail reach in corporate bonds

Under the proposed framework, these channel partners will be enlisted with stock exchanges and appointed by Online Bond Platform Providers (OBPPs) to distribute permitted fixed income securities to retail investors, particularly across Tier II, Tier III, and rural regions.

The Securities and Exchange Board of India (Sebi) is set to launch fixed income channel partners to broaden access to the retail bond market. This initiative is particularly focused on increasing engagement in smaller cities across India. Eligible individuals and firms can…