RBI Allows Retail Investors To Open Gilt Accounts To Deepen Financial Markets

The Reserve Bank of India Governor Shaktikanta Das on Friday said that it has allowed retail investors to open gilt accounts with the Reserve Bank of India in order to deepen the financial markets. "It is proposed to provide retail investors with online access to the government securities market - both primary and secondary - directly through the Reserve Bank ('Retail Direct')," Mr Das said while announcing monetary policy committee'...