Reserve Bank of India (RBI) has finally issued the scheme to bring investments from individual investors into government securities. The 'RBI Retail Direct' scheme will work as an one-stop solution for retail investors interested in government securities. No fee will be charged for opening and maintaining 'Retail Direct Gilt account' with the Central bank. However, fee for payment gateway, as applicable, will be borne by the registered investor.

As part of continuing endavours to increase retail participation in government securities, 'the RBI Retail Direct' facility was announced in February 2021 for improving ease of access by retail investors through online access to the government securities market – both primary and secondary - along with the facility to open their gilt securities account with the Reserve Bank.

The 'online portal' will also give the registered users the facility to access to primary issuance of government securities, as well as access to NDS-OM. NDS-OM means RBI's screen-based, anonymous electronic order matching system for trading in government securities in the secondary market. The date of commencement of the scheme will be announced at a later date, the RBI said.

RBI directs banks to implement mandatory leaves policy for employees in sensitive posts

Non-compliance of NBFC lending norms: RBI fines 14 banks

Reserve Bank warns against allowing Big Tech Cos into financial services