RBI Launches PRAVAAH Portal, Retail Direct App, Fintech Repository for Enhanced Public Access

  • The PRAVAAH portal is a secure, centralized platform for online applications for regulatory approvals from the RBI. 
  • The app aims to improve the efficiency of RBI’s regulatory approval and clearance processes. 
  • The Retail Direct Mobile App provides easy access to the platform and facilitates transactions in government securities (G-Secs). 
  • The Fintech Repository is a comprehensive database containing information on the Indian fintech sector. 
  • The EmTech Repository, for RBI-regulated entities, contains information on the adoption of emerging technologies like AI, ML, cloud computing, DLT, and quantum computing.
Posted in Current Affairs.