The Reserve Bank of India has announced the 'RBI Retail Direct' scheme, that will give investors the facility of investing in government securities in one place. The central bank said that retail investors can open a Retail Direct Gilt Account (RDG Account) with it. To increase retail partnership in government securities, the government had also announced 'The RBI Retail Direct Facility'. Along with this, the online reach of retail investors will also be expanded. You can open your account with any other retail investor, provided that you meet the eligibility criteria for the same.

Source: dna July 13, 2021 16:17 UTC