The RBI plans to provide retail investors online access to the government securities (G-Sec) market — both primary and secondary — directly through the Reserve Bank (‘Retail Direct’).
RBI says this will broaden the investor base and provide retail investors with enhanced access to the G-Sec market.
Per the plan, retail investors will be allowed to open Gilt Accounts with the RBI.
Surabhi, from the Mumbai Bureau tells us more.
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