To encourage and increase participation of retail investors in government securities (G-secs) bidding, the National Stock Exchange on Monday launched a mobile application and web-based platform, NSE goBID.
NSEgoBID will help retail investors participate, on a “non- competitive” basis, in the auction of g-secs and Treasury Bills (T-bills) conducted periodically by the Reserve Bank of India (RBI).
Retail investors could put money in T-Bills of 91 days, 182 days and 364 days, and various government bonds from one year to almost 40 years through the app. Investment can be made almost every week after a one-time registration, the NSE said in a