RBI Mobile App for Government Securities Launch
The exact launch date for the RBI Mobile Banking for Government Securities app hasn’t been officially announced yet. However, RBI Governor Shaktikanta Das mentioned it would be “available shortly” following the announcement in April 2024.
RBI To Launch A Mobile App For Investing In Government Securities
Investing in government securities, traditionally seen as a complex process for individual investors, is about to get a major makeover. The Reserve Bank of India (RBI) recently announced the launch of a dedicated RBI Retail Direct Mobile App. This app will allow individual investors across India to conveniently Invest in Government Securities through a Mobile App.
In short:
- The Reserve Bank of India (RBI) is launching a RBI Retail Direct Mobile App.
- This app will allow investing in Government Securities like bonds and treasury bills directly through your phone.
- This initiative aims to simplify access and democratize investment in government securities for all Indians.