RBI Retail Direct Scheme

On 12th November, 2021, the Reserve Bank of India (RBI) announced the ‘RBI Retail Direct’ scheme, a one-stop solution to facilitate investment in government securities (G-secs) by individual investors.

Clearing Corporation of India Ltd (CCIL) is authorized by the Reserve Bank of India to act as an aggregator for Primary Issuances and as Receiving Office for Sovereign Gold Bonds for the Retail Direct Investors. CCIL is also authorized by RBI to operate the NDS OM platform.

Need

  • Low Retail Participation: Currently, the G-sec market is dominated by institutional investors such as banks, mutual funds and insurance companies. The participation of retail ....
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