Since RBI opened doors for investors, it is now possible to directly purchase RDP bonds, making investments simpler

 Since RBI opened doors for investors, it is now possible to directly purchase RDP bonds, making investments simpler

RBI facilitated investors' journey.

The Reserve Bank of India has created new avenues for retail investors. It is well known that Prime Minister Narendra Modi inaugurated the government plan investment program on November 12, 2021. To make the procedure simpler, the RBI has introduced the Retail Direct Portal. This has made it simpler for regular investors to do their jobs. Tell us how this choice will benefit investors.

RBI Bond: New resources for small-scale investors

Through its ordinary Direct platform, the Reserve Bank of India (RBI) has chosen to make it easier for ordinary investors to buy Floating Rate Savings Bonds, 2020 (Taxable).

Release of the Retail Direct Program

On November 12, 2021, Prime Minister Narendra Modi introduced this program, which made investing in government assets easier.

Online investing platform

Under this program, private investors may use an internet gateway to create a retail direct gilt account with the RBI and use that account to purchase government securities on both the main and secondary markets.

Savings bonds with variable rates

In conjunction with the Indian government, the Reserve Bank of India (RBI) announced that it has made it possible to buy Floating Rate Savings Bonds, 2020 (Taxable). The central government issued those ties, and they mature seven years from the date of issuance.

financial options

Through this gateway, retail investors are permitted to invest in securities issued by the federal government, state governments, local governments, and sovereign gold bonds.

significant data table

The program will begin on November 12, 2021.

Investors' Account: Retail Direct Gilt Account

Floating Rate Savings Bonds, 2020 (Taxable): A New Investment Option

Bond term: seven years

often asked questions

Describe the Retail Direct Scheme.

It is a system that makes it easier for small-scale investors to purchase government assets directly.

Floating Rate Savings Bonds: What Are They?

These are central government-issued bonds with a seven-year maturity date and a transaction ban.

How can I invest in this program?

Through RBI's Retail Direct platform, you may invest online.

Exist any further investing possibilities within this plan?

It is true that under this plan, investments may also be made in Treasury bills, state government securities, and sovereign gold bonds.