IDBI starts India's 1st G-Sec facility via ATMs

Posted on:17 Mar 2016 12:45:14

IDBI starts India's 1st G-Sec facility via ATMs
17 March 2016 Current Affairs GK: IDBI Bank customers can now invest in government bonds through the bank's automated teller machines.This is the first of its kind initiative for retail customers and could popularise debt investment as both the government and the Reserve Bank of India is trying to push retail participation in government bonds, which is negligible currently.IDBI already has a portal for retail investors, where the minimum size for investment is Rs 10,000.The facility of investing in G-Sec through ATM is an extension of Bank's Samriddhi G-Sec Portal to enable retail investors to transact in government securities. The retail customers of the Bank can register, one time, for this facility and invest in G-Sec through any of the Bank's ATMs.

Gk Current Affairs April 2017

24 APRIL
NEWS
22 APRIL
NEWS
21 APRIL
NEWS
20 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.