City
Epaper

Structural Reform: RBI gives retail investors direct access to G-sec market

By IANS | Updated: February 5, 2021 11:25 IST

Mumbai, Feb 5 The Reserve Bank of India (RBI) has decided to give retail investors direct access to ...

Open in App

Mumbai, Feb 5 The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market.

The major structural reform was announced by RBI Governor Shaktikanta Das on Friday.

According to Das, India will join a select group of countries offering such facility to investors.

The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI.

This will allow such investors to open Gilt account with the apex bank.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: FebruaryindiamumbaiReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorIndiFinance ministry and reserve bank of indiaUk-india
Open in App

Related Stories

MumbaiTaxi, Auto Services to Be Impacted as CNG Supply Hit in Mumbai, Navi Mumbai and Thane; Check Reason

MumbaiKurla Bribery Case: ACB Arrests Assistant Engineer for Taking ₹1 Lakh Bribe

ThaneThane: Two Arrested for Stealing Passenger’s Bag on Mumbai-Gondia Vidarbha Express

Entertainment'Sharam Nahi Aati?': Sunny Deol Lashes Out at Paparazzi Amid Dharmendra's Health Issues (Watch Video)

MumbaiMumbai Weather Update: City Witnesses Cool Breeze, AQI Remains in Unhealthy Category

Business Realted Stories

BusinessDesign Studio UI/UX Celebrates 10 Years of Innovation in Human-centered Web and UX Design

BusinessActive Clothing's Topline Grows 15% in H1 FY26, PAT Up 34%; Advances India's First 'Knit to Shape' Smart Knitting Factory

BusinessTaurian MPS Limited Reports Stable H1 FY26 Results With INR 32.29 Cr Revenue and INR 3.67 Cr Net Profit

BusinessMetaOptics Announces Intention to Seek Dual Listing on the NASDAQ Stock Market

BusinessPavna Industries Limited has further Acquires 4.33 acres of adjoining land, creating continuous expansion of its landholding near Jewar Airport.