Explained: How The RBI Retail Direct App Is A Game Changer For Trading In Bonds

RBI Governor Shaktikanta Das has launched three major initiatives: PRAVAAH (Platform for Regulatory Application, Validation & Authorisations Portal), RBI Retail Direct Mobile Application, and the Fintech Repository. The Retail Direct Mobile App aims to provide retail investors with seamless and convenient access to the retail direct platform, simplifying transactions in government securities (G-Secs). The Fintech Repository will house comprehensive data on Indian FinTech firms, enhancing regulatory understanding and aiding in the development of suitable policy approaches.