Overview

As part of continuing efforts to increase retail participation in government securities, ‘the RBI Retail Direct’ facility was announced in the Statement of Developmental and Regulatory Policies dated February 05, 2021 for improving ease of access by retail investors through online access to the government securities market – both primary and secondary - along with the facility to open their gilt securities account (‘Retail Direct’) with the RBI. In pursuance of this announcement, the ‘RBI Retail Direct’ scheme, which is a one-stop solution to facilitate investment in Government Securities by individual investors has been issued. The highlights of the ‘RBI Retail Direct’ scheme are:

• Retail investors (individuals) will have the facility to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with RBI.
• RDG Account can be opened through an ‘Online portal’ provided for the purpose of the scheme.
• The ‘Online portal’ will also give the registered users the following facilities: -Access to primary issuance of Government securities -Access to NDS-OM.
  • Access to primary issuance of Government securities
  • Access to NDS-OM.

The scheme of Reserve Bank of India (RBI) Retail Direct has been formulated as a one-stop solution to facilitate investment in Government Securities by individual investors.