RBI Makes Trading In Government Bonds For Retail Investors Easier
NDTV
The RBI has made trading in Government bonds easier for retail investors, as they can now open an account with the central bank for this purpose.
The Reserve Bank of India (RBI) has made trading in Government bonds easier for retail investors, as they can now open an account with the central bank for this purpose. According to a notification issued by the RBI, retail investors can open an account with it by following some user-friendly steps online and start trading in Government bonds. It said that the portal will provide access to retail investors to the bond trading platform, which is normally meant for institutional investors. The central bank has not yet notified about the date from which this facility will be available for retail investors. Investors can open a retail direct gilt or RDG account by providing any basic document needed for completing the basic KYC or 'Know Your Customer' formality. They can register themselves on the online trading portal by submitting a filled up online form and verify it by using the one-time password (OTP) received on their registered mobile number.More Related News