RBI’s G-sec App

Published: 11th Apr, 2024

RBI’s G-sec App

Context

The Reserve Bank of India (RBI) has announced the launch of a mobile application, the 'G-sec App', as part of its Retail Direct Scheme. This initiative aims to simplify the process of investing in government securities (G-Secs) for retail investors.

About G-sec App

The G-sec App serves as a one-stop solution for retail investors looking to invest in government bonds and treasury bills.
It provides a user-friendly interface for buying and selling securities, eliminating the complexities of traditional investment methods.

Fact Box:

Retail Direct Scheme

The Retail Direct Scheme was introduced in 2021 to enable individual investors to directly invest in G-Secs issued by the Central and State Governments.
This eliminates the need for intermediaries or agents, making the investment process more accessible and transparent.

Government securities

Government securities, also known as G-Secs, are investment instruments issued by governments to raise funds.
They offer a low-risk investment option with fixed interest rates.
Treasury bills are short-term securities issued for less than 12 months, while bonds are issued for longer durations.

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