• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Commendable Accomplishment: PM Modi Hails RBI’s Digital Transformation Award Win

OMMCOM NEWS by OMMCOM NEWS
March 16, 2025
in Business
RBI

New Delhi:  Prime Minister Narendra Modi on Sunday congratulated the Reserve Bank of India (RBI) for winning the ‘Digital Transformation Award 2025’ by Central Banking, London.

PM Modi shared his appreciation on social media platform X, quoting RBI’s post and calling it a remarkable achievement.

He emphasised that digital innovation is strengthening India’s digital ecosystem, empowering millions of people across the country.

“A commendable accomplishment, reflecting an emphasis towards innovation and efficiency in governance,” said PM Modi in the post.

“Digital innovation continues to strengthen India’s financial ecosystem, thus empowering countless lives,” the Prime Minister added.

The Central Bank received the prestigious award for its digital initiatives, ‘Saarathi’ and ‘Pravaah’, which were developed by its in-house tech team.

The bank regulator took social media platform X to inform the same. “The Reserve Bank of India has been selected for the Digital Transformation Award 2025 by Central Banking, London, UK,” the RBI announced.

The award committee recognised how these initiatives have significantly reduced paper-based submissions and transformed RBI’s internal and external processes.

‘Saarathi,’ launched in January 2023, has fully digitised RBI’s internal workflow. Employees can now securely submit and share documents, improving record management and enabling data analysis through reports and dashboards.

By automating processes, ‘Saarathi’ has enhanced operational efficiency, task tracking, collaboration, and integration with other RBI systems.

Earlier, different departments used a mix of manual and digital processes, but now, ‘Saarathi’ serves as a unified digital repository for the central bank’s information.

‘Pravaah,’ introduced in May 2024, provides external users with a digital platform to submit regulatory applications to RBI.

The documents submitted through ‘Pravaah’ are automatically linked to the Saarathi database, where they can be processed digitally using centralised cybersecurity systems and digital tracking.

So far, ‘Pravaah’ has digitised over 70 regulatory applications, benefiting nine departments of the RBI.

ShareTweetSendSharePinShareSend
Previous Post

Largest Satellite Constellation Built By Israeli Students Launched Into Space

Next Post

Landed In India, A Country Of Huge Importance: New Zealand PM

Related Posts

Piyush Goyal
Business

Piyush Goyal To Visit Germany To Boost Bilateral Trade And Investment

October 22, 2025
Car Sales
Business

Car Sales More Than Doubled To Over Half A Million Units: FM Sitharaman On GST 2.0

October 22, 2025
Diwali Sales
Business

FM Sitharaman Highlights Surge In Diwali Sales To All-Time High Of Rs 6.05 Lakh Crore

October 22, 2025
Share Market
Business

Domestic Equity Markets Gain Momentum On Back Of Resilient Q1 GDP Data: Report

October 22, 2025
Business

From Pashmina Wool To Thangka Paintings, GST Rejig To Boost Ladakh’s Economy

October 22, 2025
Piyush Goyal
Business

Piyush Goyal Holds Meet To Speed Up Work On Vadhavan Port Project In Maharashtra

October 21, 2025
Next Post

Landed In India, A Country Of Huge Importance: New Zealand PM

Cuttack Bayalis Mouja Shooting: Carrom Game Dispute Leads To Murder

Supreme Court

SC To Hear On March 18 Suo Moto Case On Lokpal’s Power To Take Complaints Against HC Judges

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.