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RBI Launches PRAVAAH, Retail Direct Mobile Apps and Fin-tech Repository

Shaktikanta Das, governor of Reserve Bank of India (RBI), launched three major initiatives of RBI, a platform for regulatory application, validation and authorisation (PRAVAAH) portal, a retail direct mobile app and a fintech repository. These three initiatives were earlier announced as part of RBI’s bi-monthly statement on development and regulatory policies in April 2023, April 2024 and December 2023, respectively.

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UPSC Essentials | Daily subject-wise quiz : Economy MCQs on India-Australia trade, PRAVAAH portal and more (Week 60)

UPSC Essentials | Daily subject-wise quiz : Economy MCQs on India-Australia trade, PRAVAAH portal and more (Week 60)
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RBI Unveils PRAVAAH Portal, Retail Direct App, And Fintech Repository For Enhanced Public Access

The Reserve Bank of India launched three major initiatives, namely the PRAVAAH portal, the Retail Direct Mobile App, and a FinTech Repository, to facilitate individuals and entities reaching out to the apex bank. A gilt account is a savings account that holds government securities The scheme allows retail investors to buy G-Secs in the primary auctions and sell G-Secs in the secondary market.

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RBI launches mobile app for G-Sec transaction, introduces PRAVAAH portal for form submission

RBI launches mobile app for G-Sec transaction, introduces PRAVAAH portal for form submission
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RBI unveils PRAVAAH portal, retail direct app, and fintech repository for enhanced public access

RBI unveils PRAVAAH portal, retail direct app, and fintech repository for enhanced public access
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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