For retail investors, buying government securities (G-secs) is now as easy as investing in a stock. The National Stock Exchange and Bombay Stock Exchange have launched e-Gsec platforms that allow investors to buy such securities online and hold them in existing demat accounts.
Investors can use the platform to participate in Reserve bank of India’s auctions. “The banking regulator reserves five per cent of the notified amount for non-competitive bidding. The securities are offered at a fixed price to small investors based on the weighted average cost,” Venu Madhav, chief operating officer at Zerodha. You can use as little
Investors can use the platform to participate in Reserve bank of India’s auctions. “The banking regulator reserves five per cent of the notified amount for non-competitive bidding. The securities are offered at a fixed price to small investors based on the weighted average cost,” Venu Madhav, chief operating officer at Zerodha. You can use as little