The Reserve Bank of India (RBI) has launched ‘the RBI Retail Direct’ scheme for retail investors, through which they can directly buy and sell government securities (G-Secs), both primary and secondary. The bond-buying window was opened to increase retail participation in G-Secs and democratize ownership of G-Secs beyond the managers of pooled resources such as banks and mutual funds. The date of commencement of the scheme will be announced later.
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Highlights of the ‘RBI Retail Direct’ scheme:
Important takeaways for all competitive exams:
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