{"id":31323,"date":"2025-03-18T11:48:39","date_gmt":"2025-03-18T06:18:39","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=31323"},"modified":"2025-04-16T11:02:17","modified_gmt":"2025-04-16T05:32:17","slug":"rbis-sarthi-pravaah-initiatives","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/rbis-sarthi-pravaah-initiatives\/","title":{"rendered":"RBI&#8217;s Sarthi and Pravaah Initiatives"},"content":{"rendered":"<h2>Sarthi and Pravaah Initiatives Latest News<\/h2>\n<p>The Reserve Bank of India was recently selected for the UK&#8217;s Digital Transformation Award 2025 for its tech innovations Sarthi and Pravaah systems.<\/p>\n<h2>About Sarthi Initiative<\/h2>\n<ul>\n<li>The Sarthi system, named after the Hindi word for \u2018charioteer\u2019, was launched in January 2023 to <strong>digitise all of RBI\u2019s internal workflows.\u00a0<\/strong><\/li>\n<li>It <strong>enables employees to securely store and share documents,<\/strong> improving record management and enhancing data analysis through reports and dashboards.<\/li>\n<li>The <strong>online Sarthi Pathshala (&#8216;school&#8217;) helps users become familiar <\/strong>with the system, and the Pathshala was rolled out alongside extensive in-person training.\u00a0<\/li>\n<li>Additionally,<strong> Sarthi mitras (&#8216;friends&#8217;)are people<\/strong> in each RBI office who know the system well and can <strong>help colleagues with any issues.<\/strong><\/li>\n<\/ul>\n<h2>About Pravaah Initiative<\/h2>\n<ul>\n<li>Building upon the foundation of Sarthi, the Pravaah system, meaning \u2018smooth flow\u2019 in Hindi, was introduced in May 2024.<\/li>\n<li>This platform <strong>allows external users to submit regulatory applications digitally, <\/strong>seamlessly <strong>integrating with the Sarthi database for processing<\/strong> within RBI\u2019s offices.\u00a0<\/li>\n<li>The transition to a fully digital infrastructure, <strong>supported by centralised cybersecurity and tracking mechanisms<\/strong>, has significantly improved transparency and efficiency.<\/li>\n<li>Pravaah\u2019s seamless integration with Sarthi has not only streamlined the submission process but also provided <strong>real-time tracking and analytics<\/strong> for both applicants and RBI managers, cutting down on the lengthy delays caused by paper-based systems.\u00a0<\/li>\n<li>The <strong>RBI has seen an 80% increase in monthly applications since Pravaah&#8217;s launch<\/strong>, marking a significant achievement in the central bank\u2019s digital evolution.<\/li>\n<\/ul>\n<h2>Sarthi and Pravaah Initiatives FAQs<\/h2>\n<p><strong>Q1<\/strong>. What is the Reserve Bank of India (RBI)?<\/p>\n<p><strong>Ans<\/strong>. It is the central bank of India, responsible for regulating the country\u2019s monetary policy, financial stability, and banking system.<\/p>\n<p><strong>Q2<\/strong>. Where is the headquarters of the Reserve Bank of India (RBI)?<\/p>\n<p><strong>Ans<\/strong>. Mumbai, Maharashtra<\/p>\n<p><strong>Q3<\/strong>. What is the Daksh initiative by the RBI?<\/p>\n<p><strong>Ans<\/strong>. It is a centralized, web-based, end-to-end workflow automation platform launched by the <strong>RBI <\/strong>to improve supervisory processes for banks, NBFCs, and other regulated entities.<\/p>\n<p><strong>Source<\/strong>: <a href=\"https:\/\/www.livemint.com\/industry\/banking\/rbi-wins-digital-transformation-award-2025-by-uks-central-banking-for-tech-innovations-sarthi-pravaah-11741951375842.html\" target=\"_blank\" rel=\"nofollow noopener\">LM<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBI&#8217;s Sarthi and Pravaah Initiatives have revolutionised internal and external processes by significantly reducing paper-based submissions.<\/p>\n","protected":false},"author":5,"featured_media":31324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-31323","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/31323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=31323"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/31323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/31324"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=31323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=31323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=31323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}