PM Modi Applauds RBI’s Selection for Digital Transformation Award 2025
Prime Minister Narendra Modi commended the Reserve Bank of India’s selection for the Digital Transformation Award 2025, recognizing its emphasis on innovation and efficient governance. The RBI’s Pravaah and Sarthi initiatives, developed internally, contributed to reducing paper use and improving processes, reflecting the positive impact of digital transformation on the financial ecosystem in India.
On March 16, 2025, Prime Minister Narendra Modi praised the Reserve Bank of India (RBI) for receiving the Digital Transformation Award 2025. He described this recognition as a commendable accomplishment that emphasizes innovation and effective governance. The award highlights RBI’s commitment to improving operational efficiency through digital initiatives.
The RBI announced its selection for the award in a post on the platform X, crediting their achievement to initiatives such as Pravaah and Sarthi, developed by their in-house team. These efforts have notably diminished reliance on paper-based submissions, significantly transforming both internal and external processes within the bank.
Prime Minister Modi’s remarks underlined the role of digital innovation in strengthening India’s financial ecosystem and empowering citizens. He conveyed that such advancements contribute positively to the lives of numerous individuals across the country.
The recognition of RBI with the Digital Transformation Award 2025, commended by Prime Minister Modi, marks a significant milestone in India’s journey towards digital governance. Initiatives like Pravaah and Sarthi reflect a commitment to efficiency and innovation, underscoring the vital role of digital technology in enhancing the financial landscape and empowering the populace. This accomplishment is a testament to the ongoing transformation within the Indian banking sector.
Original Source: www.business-standard.com
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