Chennai: The National Stock Exchange of India (NSE) launched a new mobile app and web-based platform ‘NSE goBID’ for retail investors to buy government securities.
The National Stock Exchange of India (NSE) on Monday announced the launch of its new services. Sebi chairman, Ajay Tyagi, launched the new app which would be available to all registered investors with NSE’s trading members and will also facilitate trading members in acquiring new retail investors.
NSE goBID will allow retail investors to make payment directly from their bank accounts using the Unified Payments Interface (UPI) and internet banking.
The ‘NSE goBID’ platform will handle order collection, payment and refund that is currently required to be managed by trading members. Through this app, retail investors can invest in treasury bills (T-Bills) of 91 days, 182 days and 364 days and various government bonds from one year to almost 40 years.