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IDBI Bank Samriddhi G-Sec Portal: India's first online retail govt securities website


New Delhi, 19 January 2012:  IDBI Bank Ltd, one of the leading government owned new generation bank has launched India's first online retail G-Sec Portal.

The website has been named "IDBI Samriddhi G-Sec Portal" and will become operational from January 17, 2012.

This Portal provides an opportunity for retail investors to invest in Government securities as an attractive alternative investment avenue.

Retail investors having access to the internet and a De-mat account can now freely buy and sell Government Bonds at the click of a button through IDBI Bank's website, thereby making the entire transaction transparent and a seamless process.

This initiative by IDBI Bank is the first organized effort to channelize retail savings into Government bonds through a dedicated Portal.

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