RBI Guv Shaktikanta Das launches PRAVAAH, Retail Direct mobile app and FinTech Repository

RBI Guv Shaktikanta Das launches PRAVAAH, Retail Direct mobile app and FinTech Repository

Daily Current Affairs   /   RBI Guv Shaktikanta Das launches PRAVAAH, Retail Direct mobile app and FinTech Repository

Change Language English Hindi

Category : Business and economics Published on: May 30 2024

Share on facebook
  • The Reserve Bank of India (RBI) introduced three significant initiatives on May 28, 2024: the PRAVAH portal, a mobile app for retail investors to trade in government securities, and a Fintech Repository.
  • The PRAVAAH (Platform for Regulatory Application, Validation, and Authorization) serves as a centralized web-based platform for individuals or entities to apply for authorization, licenses, or regulatory approvals from the RBI, offering 60 online application forms across various regulatory departments, ensuring a streamlined and time-bound process.
Recent Post's
  • India has emerged as the world’s third most competitive country in artificial intelligence, according to Stanford University’s Global AI Vibrancy Tool.

    Read More....
  • Lakshadweep hosted its first-ever investors’ meet on fisheries and aquaculture to promote the blue economy, with investment proposals worth about ₹519 crore.

    Read More....
  • The Union Cabinet has approved the Census of India 2027 at a cost of ₹11,718.24 crore, marking India’s first digital-first census exercise.

    Read More....
  • UNESCO has added Pakistan’s ancient clay musical instrument Boreendo from Sindh to the Urgent Safeguarding List due to the risk of extinction.

    Read More....
  • India’s National Film Heritage Mission has digitised and restored 1,469 films, preserving 4.3 lakh minutes of cinematic heritage across all languages.

    Read More....
  • AIIMS Delhi conducted India’s first domestic stroke device trial under the GRASSROOT study, approving the indigenous Supernova brain stent for routine use.

    Read More....
  • India ranks among the world’s most overworked nations, with employees averaging 45.7 hours per week, according to ILO 2024.

    Read More....
  • Andhra Pradesh wins the National Energy Conservation Award 2025 for the fourth consecutive year, leading in energy efficiency across sectors.

    Read More....
  • India’s forex reserves rise by USD 1.033 billion to USD 687.26 billion, strengthening rupee and macroeconomic stability.

    Read More....
  • Siliserh Lake in Rajasthan’s Alwar district has become India’s 96th Ramsar site, highlighting its ecological and historical significance.

    Read More....