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Retail investors to be able to buy G-Secs directly: RBI
Why is it in news?
- RBI said it would allow retail investors invest in government securities directly and without the help of intermediaries.
Details:
- RBI would allow retail investors to open gilt accounts with the central bank, so that they can invest directly.
- It is proposed to provide retail investors with online access to the government securities market- both primary and secondary.
- The measures are likey to broaden the investor base and provide retail investors with enhanced access to participate in the government securities market.