RBI Pushes Digitisation With PRAVAAH Platform Mandate For Regulated Entities

The Reserve Bank of India (RBI) has announced that all applicants, including Regulated Entities (REs), must use the PRAVAAH platform for submitting applications related to regulatory authorisations, licences, and approvals from May 1, 2025.

The platform is part of the RBI’s effort to digitise internal workflows and streamline approval processes. PRAVAAH, which stands for Platform for Regulatory Application, Validation and AutHorisation, is intended to bring consistency and transparency in regulatory interactions. The central bank stated that the move supports its plan to achieve complete digitisation of regulatory operations. The implementation of a single digital window may help reduce procedural delays and improve communication between the RBI and applicants through a uniform digital process.