What is PRAVAH Portal?
 

The PRAVAAH(Platform for Regulatory Application, VAlidation and AutHorisation) is a centralised, secure web-based platform that enables individuals or entities to apply online for regulatory approvals, licences, and authorisations from the RBI.

The portal covers 60 application forms across different regulatory and supervisory departments of the RBI. Through the portal, applicants can also track their applications online, monitor their status, and receive a decision from the RBI in a time-bound manner.

Key features of Pravaah portal
 

• Submit applications online directly through the portal.
• Track and monitor the status of your application or reference.
• Respond to any clarifications or queries raised by the RBI regarding your application or reference.
• Receive decisions from the Reserve Bank within a specified timeframe.

What is Retail Direct mobile app?
 

It provides retail investors with a seamless and convenient way to transact in government securities (G-Secs) on their smartphones. The app simplifies the process of buying and selling G-Secs in both the primary and secondary markets.
 

In 2021, the RBI allowed retail investors to invest in government securities (g-secs) in the primary and secondary markets. The retail investors had to open a Gilt Securities account, namely a Retail Direct Gilt (RDG) account with the RBI.
 

In the Primary market, the investor can invest a minimum of Rs 10,000 and a multiple of Rs 10,000 in Central Government Securities (CG), State Government Securities, and Treasury Bills (T-Bills).

Know all about G-secs and T bills

What is FinTech Repository?
 

The Fintech Repository will be a storehouse of data on Indian Fintech companies. It will keep essential information about the regulated and unregulated FinTech entities, their activities, technology uses, etc. It aims to enhance the RBI's understanding of the Indian fintech sector by providing comprehensive data on fintech firms, both regulated and unregulated. The repository will support policymakers and industry participants by offering insights on fintech

A separate EmTech Repositories is being launched for the Fintechs (Banks and NBFC) regulated by RBI. It will keep the information regarding these fintech adoption of emerging technologies (like Artificial Intelligence, Machine Learning, Cloud Computing, Quantum, etc.),
 

The FinTech and EmTech Repositories are secure web-based applications managed by the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of RBI.
 

Fintech, or financial technology, refers to companies that use digital technology to improve the delivery of financial services such as banking, insurance, pensions, etc.