New Delhi, March 14 (H.S): The Reserve Bank of India (RBI) has been chosen by the Central Bank based in London, UK, for the prestigious Digital Transformation Award 2025 for its digital initiatives – Saarathi and Pravah.

RBI provided this information in a post today. In the post, RBI stated that the bank's in-house developers, through the Pravah and Saarathi systems, have transformed our internal and external processes.

According to the post, the awards committee of the UK central bank noted how these digital initiatives have reduced paper-based submissions, thereby transforming RBI's internal and external processes.

Hindusthan Samachar / Jun Sarkar