PM Modi Applauds RBI’s Achievement with Digital Transformation Award 2025

Prime Minister Modi lauded the Reserve Bank of India’s selection for the Digital Transformation Award 2025, attributing it to the RBI’s focus on innovation and governance efficiency. The award recognizes initiatives like Pravaah and Sarthi, which have successfully minimized paper use, transforming operations.

On Sunday, Prime Minister Narendra Modi praised the Reserve Bank of India (RBI) for receiving the Digital Transformation Award 2025, deeming it a significant achievement. He emphasized that this recognition underscores a commitment to innovation and efficiency in governance. The RBI announced its award selection via a post on X, stating that the honor comes from Central Banking, based in London, UK.

The RBI was recognized for its innovative initiatives, including the Pravaah and Sarthi systems, developed by its in-house team. The awards committee highlighted the significant reduction in paper-based submissions as a result of these digital initiatives, which, in turn, have transformed both internal and external processes within the RBI.

In conclusion, Prime Minister Modi’s acknowledgment of the RBI’s Digital Transformation Award illustrates the government’s dedication to digital innovation. The RBI’s commitment to developing systems that enhance efficiency and reduce paper usage showcases how technology can positively impact governance and financial ecosystems in India, ultimately empowering numerous lives.

Original Source: www.business-standard.com