Fintech Repository News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Reserve Bank of India launched three major initiatives, namely the PRAVAAH portal, the Retail Direct Mobile App, and a FinTech Repository, to facilitate individuals and entities reaching out to the apex bank. A gilt account is a savings account that holds government securities The scheme allows retail investors to buy G-Secs in the primary auctions and sell G-Secs in the secondary market.

RBI Retail Direct App PRAVAAH: Retail investors can now transact in G-Secs using the mobile app on their smartphones.

The retail direct portal was launched in November 2021 to facilitate retail investors to open their Retail Direct Gilt accounts with the Reserve Bank of India under the Retail Direct Scheme.

The RBI launched retail direct portal in November 2021 to facilitate retail investors to open their Retail Direct Gilt accounts with the Reserve Bank of India under the Retail Direct Scheme.