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DAILY NEWS ANALYSIS

  • 07 February, 2021

  • 4 Min Read

Retail Direct Gilt Securities Account for Retail Customers by RBI

Retail Direct Gilt Securities Account for Retail Customers by RBI

The RBI's proposal to provide direct access to retail investors to its government securities investment platform opens the door to this risk-free investment for retailers.

  • Retail investors can now directly open their gilt accounts with the RBI through the 'Retail Direct’ facility to access both the primary market – where investors buy directly from the issuer — and secondary markets where trading takes place among investors.
  • G-secs are debt instruments issued by the government and considered the safest form of investment.
  • Stock exchanges till now aggregated the demand for gilts and placed it to the RBI in the (Negotiated Dealing System-Order Matching) NDS-OM
  • Now, a retail investor can place a direct bid with the NDS-OM system and open a gilt account in the e-Kuber system, the RBI platform for gilt auctions.

Source: TH & The Indian Express


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