Will retail investors take up RBI's offer to open gilt accounts? Currently, there exists a window for retail investors where they can place their buy and sell orders through intermediaries, but participation remains low Niti Kiran | February 6, 2021 | Updated 01:16 IST Retail investors shall be allowed to open gilt accounts with the Reserve Bank of India. The central bank has proposed to provide retail investors with online access to the government securities market - both primary and secondary - directly through the Retail Direct platform. The details have not yet been specified, though. "This will broaden the investor base and provide retail investors with enhanced access to participate in the government securities market. This is a major structural reform placing India among select few countries which have similar facilities," RBI Governor Shaktikanta Das said while announcing the monetary policy on Friday.