RBI Launches Three New Initiatives
On 29th May, 2024, the Reserve Bank of India (RBI) launched three major initiatives: 1. PRAVAAH portal, 2. Retail Direct Mobile App and 3.FinTech Repository.
- Aim: Enhancing public access to the central bank and facilitating regulatory approvals and transactions.
The Initiatives
1. ‘PRAVAAH’ (Platform for Regulatory Application, VAlidation And AutHorisation) Portal
- It is a secure and centralized web-based portal for any individual or entity to seek authorization, license, or regulatory approval on any reference made by it to the Reserve Bank.
- Application Forms: At present, 60 application forms covering different regulatory and supervisory departments of RBI have been made available on the ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Scheme for Strengthening Medical Device Industry
- 2 Regulatory Framework for Restricted Return InvITs
- 3 World’s First Co2 to Methanol Plant
- 4 Peak Oil
- 5 India’s Renewable Energy Sector Achieves Significant Growth
- 6 4th Phase of Consolidation of RRBs
- 7 RBI’s Framework for Reclassification of FPI to FDI
- 8 RBI’s 2024 List of Domestic Systemically Important Banks
- 9 Windfall Gain Tax
- 10 National Mission on Natural Farming
- 1 Direct Seeded Rice: Water-Conserving Seeding Technology
- 2 Value of Output from Agriculture and Allied Sectors 2024
- 3 Krishi Sakhi: Empowering Rural Women
- 4 Indian Bond Now Part of Global Bond Index
- 5 RBI Revises Priority Sector Lending Norms
- 6 Pump and Dump Scheme
- 7 RBI’s New Proposals to Boost Financial Security
- 8 RBI Finalises Framework for SROs in FinTech Sector
- 9 Vadhavan Port: India’s First Mega Port
- 10 GNSS-Based Electronic Toll Collection
- 11 Partial Reimbursement of Exploration Expenses
