PM Modi Applauds RBI’s Digital Transformation Achievement
In a significant recognition of innovation and progress, Prime Minister Narendra Modi praised the Reserve Bank of India (RBI) for its remarkable achievement in winning the UK’s Digital Transformation Award 2025, awarded by Central Banking. This accolade reflects the RBI’s commitment to enhancing its services through digital advancements.
Innovation at Its Best: Pravaah and Sarthi Systems
The RBI’s success is largely attributed to the development of its in-house systems, Pravaah and Sarthi. These platforms have revolutionized the way the central bank operates, ensuring greater efficiency and transparency in its processes. Modi’s commendation highlights the importance of such innovations in bolstering India’s financial ecosystem.
The Significance of the Award
The Digital Transformation Award not only underscores the RBI’s pioneering efforts but also positions India as a leader in the global financial domain. Such achievements are crucial as they enhance public trust and foster a more robust economy, ultimately benefiting millions of citizens.
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In conclusion, PM Modi’s recognition of the RBI’s digital initiatives serves as a reminder of the importance of innovation in the financial sector. As the RBI continues to evolve, its focus on technology will undoubtedly lead to more accolades and advancements in the future.
