'RBI Retail Direct' scheme Current Affairs, GK & News

RBI Retail Direct Scheme

The RBI Retail Direct Scheme was launched by Prime Minster Modi in November 2021. It aims to enhance the access to government securities market for retail investors. What is RBI Retail Direct Scheme? The scheme allows the retail investors to open and maintain their government security accounts (Gilt account) with the RBI free of cost. ..

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PM launches two RBI initiatives for investors

Prime Minister Narendra Modi launched two customer-centric initiatives of the Reserve Bank of India (RBI) for investors on November 12, 2021. Key Points The two initiatives are- RBI Retail Direct Scheme and Reserve Bank – Integrated Ombudsman Scheme. With the launch of these scheme, India has opened up Government bond market for retails investors. Significance ..

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‘RBI Retail Direct’ scheme- Highlights

Reserve Bank of India (RBI) introduced “RBI Retail Direct facility” scheme on July 12, 2021. What is Retail Direct Scheme? RBI’s Retail Direct Scheme is a one-stop solution to facilitate investment in Government Securities (G-Sec) by individual investors. Under this scheme, retail investors will be provided a facility to open and maintain Retail Direct Gilt ..

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