RBI Wins Global Digital Transformation Award 2025 1 Mumbai: The Reserve Bank of India (RBI) has won the prestigious Digital Transformation Award 2025 , instituted by Central Banking, London . The recognition highlights RBI’s efforts in implementing digital initiatives that have transformed internal and external processes by reducing paper-based submissions. Table of Contents Key Digital Initiatives: Pravaah and Sarthi Sarthi: Streamlining Internal Workflows Pravaah: Enabling External Digital Submissions Successful Adoption and Implementation RBI’s Reaction to the Award Key Digital Initiatives: Pravaah and Sarthi According to a press statement by Central Banking , two major initiatives— Pravaah and Sarthi —played a pivotal role in RBI’s digital transformation journey . Also Read: Holi Hooliganism: Over 1,200 Motorists Fined for Drunken Driving in Delhi Sarthi: Streamlining Internal Workflows Launched in January 2023 , Sarthi (which means ‘charioteer’ in Hindi) has digitized all of RBI’s internal workflows . The system allows employees to securely store and share documents , improving record management and data analysis through advanced reports and dashboards. Pravaah: Enabling External Digital Submissions Introduced in May 2024 , Pravaah (which means ‘smooth flow’ in Hindi) has created a digital platform for external users to submit regulatory applications to RBI. The submitted […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
