By P Saravanan and Sumit Banerjee
The Indian equity markets have progressed in leaps and bounds to keep the investor at the centre of the initiatives. However, the bond markets remained fairly out of reach for individual investors as it is dominated by the institutional investors. That is history now. On November 12, 2021, Prime Minister Narendra Modi launched the RBI Retail Direct Gilt scheme with the vision of allowing retail investors to buy government securities.
What is RBI Retail Direct Gilt? This scheme allows the investors to open a Retail Direct Gilt (RDG) Account to invest in primary issuance and secondary market transactions in government securities. Investors can bid for four kinds of securities such as Government of India
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