RBI to launch a mobile app for investing in government securities

Reserve Bank of India Governor Shaktikanta Das on Friday announced plans for the launch of a mobile app for accessing the Retail Direct Scheme to engage in the government securities market. Das highlighted in his monetary policy statement that the introduction of the app will significantly enhance convenience for retail investors and contribute to the deepening of the G-sec market.

“It is now proposed to launch a mobile app for accessing the Retail Direct portal. This will be of greater convenience to retail investors and deepen the G-sec market,” he said.