Prime Minister Narendra Modi commended the Reserve Bank of India for receiving the Digital Transformation Award 2025, recognizing its innovative initiatives like Pravaah and Sarthi. The award reflects the RBI’s focus on reducing paper use and enhancing governance efficiency, ultimately contributing to a stronger financial ecosystem in India.
Prime Minister Narendra Modi praised the Reserve Bank of India (RBI) for being awarded the Digital Transformation Award 2025, describing it as a “commendable accomplishment.” This recognition signifies the RBI’s commitment to innovation and improved governance efficiency.
The RBI announced its selection for this award through a social media post, crediting its in-house development team for initiatives like Pravaah and Sarthi systems. These projects have greatly diminished paper-based processes, enhancing both internal and external operations.
Modi emphasized that such digital innovations are essential for strengthening India’s financial ecosystem, ultimately benefiting many lives. He reiterated this in a tagged response on social media, outlining the positive implications of these advancements in governance and efficiency.
The RBI’s recognition for the Digital Transformation Award 2025 showcases its dedication to digital innovation. This achievement highlights the importance of such advancements in promoting effective governance and enhancing the financial ecosystem in India. Prime Minister Modi’s commendation underscores the transformative impact of these initiatives on society.
Original Source: www.business-standard.com
