Retail Direct: RBI enables auto-bidding facility using NACH mandate for investing in T-Bills; Know how it will work

The Reserve Bank of India has introduced an auto-bidding facility for investing in Treasury Bills (T-bills) through the RBI Retail Direct platform. This new feature allows investors to set conditional orders based on their preferences, such as T-bill tenor and bid amount, which are automatically executed when the bidding window opens. Read below to know ow it works.