Prime Minister Narendra Modi praised the Reserve Bank of India for receiving the Digital Transformation Award 2025, recognizing its innovative projects like Pravaah and Sarthi that enhance governance efficiency and reduce paper use.
Prime Minister Narendra Modi recently commended the Reserve Bank of India (RBI) for being honored with the Digital Transformation Award 2025, a recognition of the institution’s commitment to innovation and efficient governance. Modi described this achievement as a significant milestone in his post on X.
The RBI announced its selection for the award via its official social media account. The organization received this accolade from Central Banking, a London-based entity, highlighting its effective initiatives such as the Pravaah and Sarthi systems developed by an in-house team.
According to the RBI’s statement, the awards committee acknowledged that these digital initiatives have minimized the reliance on paper-based submissions. This transformation has positively impacted both internal and external processes of the RBI, enhancing operational efficiency.
In conclusion, Prime Minister Modi’s recognition of the RBI’s selection for the Digital Transformation Award 2025 underscores the importance of innovation and efficiency in governance. The initiatives launched by the RBI are reshaping India’s financial ecosystem, ultimately benefitting numerous citizens through improved services.
Original Source: www.business-standard.com
