RBI Retail Direct: RBI Retail Direct: NACH facility now available for investing in government bonds, T-bills; how it is better than UPI
Reserve Bank of India has enabled payments through National Automated Clearing House (NACH) in the Retail Direct Website. Now an investor can place bids for various government bonds, treasury bills, state development loans and sovereign gold bonds (SGBs) using NACH facility on RBI Retail Direct Website. Read below to know how does it work.
National Automated Clearing House Reserve Bank Retail Direct Platform Unified Payment Interface Retail Direct System Mandate Management Menu
Source: indiatimes.com