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RBI’s G-sec App

Published: 11th Apr, 2024

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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