New RBI scheme to enable retail investors to invest in government securitie

The central bank of India is all set to unveil RBI Retail Direct scheme through which retail investors can easily access the government securities market, both primary and secondary online. It will also allow the investors to open and maintain their gilt securities accounts online with the RBI without any extra charges. (G-sec).

G-secs are the debt instruments (bonds and treasury bills) issued by the Reserve Bank of India on behalf of the central government.