{"id":4718,"date":"2021-11-12T19:08:51","date_gmt":"2021-11-12T13:38:51","guid":{"rendered":"https:\/\/yourcareerheights.com\/?p=4718"},"modified":"2021-11-28T19:22:24","modified_gmt":"2021-11-28T13:52:24","slug":"rbi-retail-direct-scheme","status":"publish","type":"post","link":"https:\/\/yourcareerheights.com\/?p=4718","title":{"rendered":"RBI Retail Direct Scheme"},"content":{"rendered":"
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The Reserve Bank announces the activation of the RBI Retail Direct Scheme with effect from today. The Scheme was launched today in virtual mode by the Hon\u2019ble Prime Minister, Shri Narendra Modi.<\/h3>\n

The Hon\u2019ble Prime Minister, Shri Narendra Modi launched the following two schemes of the Reserve Bank of India (RBI) in the presence of Hon\u2019ble Finance Minister Smt. Nirmala Sitharaman and Governor, Reserve Bank of India in a virtual event today:<\/h3>\n
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  1. RBI Retail Direct (RBI-RD) scheme<\/li>\n
  2. Reserve Bank - Integrated Ombudsman Scheme (RB-IOS)<\/li>\n<\/ol>\n

    The event was attended by Hon\u2019ble Ministers from the Government; Senior Government Officials including Secretaries to the Government of India; Members of the Central Board of RBI; Deputy Governors; Members of the Monetary Policy Committee; other financial sector regulators; Managing Directors and Chief Executive Officers of Banks and various regulated entities of RBI, financial market participants and other dignitaries.<\/p>\n

    A significant milestone in the development of the Government securities (G-sec) market, the\u00a0Reserve Bank of India-Retail Direct (RBI-RD) Scheme<\/a>\u00a0will bring G-secs within easy reach of the common man by simplifying the process of investment.<\/p>\n

    Under the Scheme, retail individual investors will be able to open a Retail Direct Gilt (RDG) Account with the Reserve Bank of India, using an online portal (https:\/\/rbiretaildirect.org.in<\/a>). Investments can be made using the following routes:<\/p>\n

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    1. Primary issuance of government securities: Investors can place bid as per the non-competitive scheme for participation in primary auction of government securities and procedural guidelines for SGB issuance.<\/li>\n
    2. Secondary market: Investors can buy and sell government securities on NDS-OM (\u2018Odd Lot\u2019 and \u2018Request for Quotes\u2019 segments).<\/li>\n<\/ol>\n

      Payments for transactions can be done conveniently using saving bank account through internet-banking or Unified Payments Interface (UPI). Investors can obtain help and other support facilities on the portal itself and also through a toll-free telephone number 1800\u2013267-7955 (10am to 7pm) and\u00a0email<\/a>. Investor services include provisions for transaction and balance statements, nomination facility, pledge or lien of securities and gift transactions. No fees will be charged for facilities provided under the scheme.<\/p>\n

      The Scheme aims to provide a safe, simple, direct and secured platform to investors.<\/p>\n

      Source: rbi.org.in<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

      The Reserve Bank announces the activation of the RBI Retail Direct Scheme with effect from today. The Scheme was launched today in virtual mode by the Hon\u2019ble Prime Minister, Shri Narendra Modi. Reserve Bank of India-Retail Direct (RBI-RD) Scheme will bring G-secs within easy reach of the common man by simplifying the process of investment. Under the Scheme, retail individual investors will be able to open a Retail Direct Gilt (RDG) Account with the Reserve Bank of India, using an online portal (https:\/\/rbiretaildirect.org.in). <\/p>\n","protected":false},"author":1,"featured_media":2376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45,1026],"tags":[1027,40],"class_list":["post-4718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbi","category-retail-direct-scheme","tag-g-secs","tag-rbi"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/RBI3.jpg?fit=621%2C414&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/4718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4718"}],"version-history":[{"count":2,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/4718\/revisions"}],"predecessor-version":[{"id":4720,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/4718\/revisions\/4720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/2376"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}