The Reserve Bank of India (RBI) has been honored with the Digital Transformation Award 2025 by Central Banking in London, UK. This significant accolade showcases RBI’s successful launch of its digital initiatives—Pravaah and Sarthi—developed by its dedicated IT team. These innovations have notably enhanced RBI’s internal workflow management and external regulatory processes, leading to improved […]

The Reserve Bank of India (RBI) has launched a framework to officially recognize a Self-Regulatory Organisation (SRO) for the Account Aggregator (AA) ecosystem. This initiative is all about making data exchange smoother, tackling operational issues, and ensuring compliance with different regulatory bodies. The expectation is that this will boost coordination, standardization, and the resolution of