NEW DELHI: Prime Minister Narendra Modi will launch two innovative, customer-centric initiatives of the Reserve Bank of India (RBI), the retail direct scheme and the integrated ombudsman scheme, on Friday with a view to easing access to the government securities market for retail investors.
These schemes, to be launched by the prime minister through video-conferencing, are aimed at deepening the debt market and improving customer grievance redressal mechanisms. In a statement on Thursday, the Prime Minister's Office (PMO) said the RBI Retail Direct Scheme is aimed at enhancing access to the government securities market for retail investors.
It offers them a new avenue for directly investing in the securities issued by the Centre and the state governments. The investors will be able to easily open and maintain their government securities accounts online with the RBI for free, it added. Leveraging technological advancements, the scheme offers a portal avenue to invest in central government securities, Treasury Bills, State Development Loans and Sovereign Gold Bonds.
The scheme places India in a list of select few countries offering such a facility.
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Diese Geschichte stammt aus der Delhi 12, 2021-Ausgabe von Millennium Post Delhi.
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