Structural Reform: RBI gives retail investors direct access to G-sec market

By IANS | Published: February 5, 2021 11:10 AM2021-02-05T11:10:03+5:302021-02-05T11:25:21+5:30

Mumbai, Feb 5 The Reserve Bank of India (RBI) has decided to give retail investors direct access to ...

Structural Reform: RBI gives retail investors direct access to G-sec market | Structural Reform: RBI gives retail investors direct access to G-sec market

Structural Reform: RBI gives retail investors direct access to G-sec market

Mumbai, Feb 5 The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market.

The major structural reform was announced by RBI Governor Shaktikanta Das on Friday.

According to Das, India will join a select group of countries offering such facility to investors.

The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI.

This will allow such investors to open Gilt account with the apex bank.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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