In a proud moment for India, the Reserve Bank of India (RBI) has been honored with the prestigious Digital Transformation Award 2025 by Central Banking, London. This recognition highlights RBI’s remarkable efforts in driving digital innovation through its in-house developed initiatives, Pravaah and Sarthi.
Prime Minister Narendra Modi applauded the achievement, emphasizing the significance of innovation and efficiency in governance. In a social media post, he described the recognition as a “commendable accomplishment” that reflects the growing strength of India’s digital financial ecosystem. He further noted that such advancements are playing a crucial role in empowering countless lives across the country.
The RBI’s initiatives, Pravaah and Sarthi, have been instrumental in streamlining financial operations and enhancing accessibility for citizens. Pravaah focuses on improving regulatory processes and reducing red tape, while Sarthi is designed to provide user-friendly guidance to financial institutions and the public. Both initiatives reflect RBI’s commitment to leveraging technology for better governance and financial inclusion.
This achievement not only highlights India’s progress in the digital space but also strengthens the nation’s position as a global leader in financial innovation. The recognition serves as an inspiration for further advancements in the financial sector, ultimately contributing to the vision of a digitally empowered and economically robust India.
