TNPSC Thervupettagam

RBI - Digital Transformation Award 2025

March 20 , 2025 14 hrs 0 min 52 0
  • The Reserve Bank of India (RBI) has bagged the 2025 Digital Transformation Award of the Central Banking Award announced by the London-based Central Banking.
  • The RBI was selected for this accolade in recognition of its Pravaah and Sarthi digital initiatives.
  • The Sarthi system, named after the Hindi word for ‘charioteer’, was launched in January 2023 to digitise all of RBI’s internal workflows.
  • It enables employees to securely store and share documents, improving record management and enhancing data analysis through reports and dashboards.
  • The Pravaah system, meaning ‘smooth flow’ in Hindi, was introduced in May 2024.
  • This platform allows external users to submit regulatory applications digitally, seamlessly integrating with the Sarthi database for processing within the RBI’s offices.

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