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RBI's new app will let you buy government bonds directly

Shortpedia

Content Team
Image Credit: the federal

The Reserve Bank of India (RBI) is preparing to launch a mobile application aimed at enhancing individual participation in government bonds. This announcement was made today by Governor Shaktikanta Das during the first monetary policy review of fiscal year 2025. The app is an extension of RBI's Retail Direct Scheme, which was initially introduced in November 2021.