RBI introduced the Retail Direct Platform in 2021 to

Solution

To enable investors to systematically plan their investments, an auto-bidding facility for Treasury bills (T-bills), covering both investment and re-investment options, has been enabled in Retail Direct. The new functionality helps investors to mandate automatic placement of bids in primary auctions of T-bills. Treasury bills, are money market securities that are issued by the government to meet its short-term financial needs , with a maximum maturity duration of 364 days .   About RBI retail direct    Launched in 2021, RBI retail direct allows investors to directly buy and sell various government securities (G-Secs) online, without the need for other intermediaries. At present, through the RBI Retail Direct portal, investors can  

1. Open and maintain an RBI Retail Direct Gilt (RDG) Account  

2. Open and maintain a Bond Ledger Account with CCIL  

3. Participate in the non-competitive bid segment of primary auctions for Government Securities;  

4. Subscribe to Sovereign Gold Bonds (SGB );  

5. Invest in Floating Rate Savings Bond (FRSB );  

6. Access NDS-OM platform for buying and selling of eligible Government Securities in the secondary market, along with various other services such as account statements, nomination facility, access to information related to coupon/redemption of government securities, etc.