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 launches mobile app for G-Sec transaction, introduces PRAVAAH portal for form submission dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
RBI unveils PRAVAAH portal, retail direct app, and fintech repository for enhanced public access aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
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.