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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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RBI Retail Direct

Market basics

An RBI facility through which an individual can buy government securities directly, without an intermediary.

In plain terms

A genuine change: G-Secs used to be effectively institutional. For anyone wanting a risk-free rupee return over a defined period it is free and open, and most people still do not know it exists.

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Indian stock market glossary · Market Vidyalaya