Reserve Bank of India Rolls Out Retail Direct Scheme Easing Out Investment Gates

Reserve Bank of India Rolls Out Retail Direct Scheme Easing Out Investment Gates

Reserve Bank of India Rolls out Retail Direct Scheme with effect from November 12, 2021.

On November 12, 2021, The Reserve Bank of India (RBI) rolled out a "Retail Direct Scheme" which aims to bring Government Securities Market within easy reach of the Common man. Under the Scheme, retail individual investors will be able to open a Retail Direct Gilt (RDG) Account with the RBI, using an online portal (https://rbiretaildirect.org.in).

Investments can be made using the following routes:

a) Primary issuance of government securities: Investors can place bid as per the non-competitive scheme for participation in primary auction of government securities and procedural guidelines for SGB issuance.

b) Secondary market: Investors can buy and sell government securities on NDS-OM ('Odd Lot' and 'Request for Quotes' segments).

No fees will be charged for the facilities provided under the Scheme.