The Reserve Bank of India (RBI) won the Digital Transformation Award 2025, instituted by London’s Central Banking.
RBI was awarded and recognised for its initiatives, including Pravaah and Sarthi systems, that have been developed by an in-house developer team.
The awards committee noted how these digital initiatives have reduced use of paper-based submissions thus transforming RBI's internal and external processes.
What is Sarthi and Pravaah?
The Sarthi system, named after the Hindi word for ‘charioteer’, was launched in January 2023 to digitise all of RBI’s internal workflows. It enables employees to securely store and share documents, improving record management and enhancing data analysis through reports and dashboards.