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  • News From Press This week in personal finance

    This week in personal finance

    Source: Livemint Aug 10, 2016

    Buying G-secs though you demat account: Next week, you should be able to directly buy a government security or a treasury bill using your demat account. The Reserve Bank of India (RBI), in a 28 July 2016 notification (http://bit.ly/2b2LAfZ ), allowed account holders with National Securities Depository Ltd (NSDL) or Central Depository Services (India) Ltd (CDSL), to buy and sell government bonds through their banks. Let’s de-jargon this before we decide whether to buy these or not. Governments spend more than they gather—from taxes and other revenue streams—by borrowing. 

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