RBI launches PRAVAAH portal, Retail Direct Mobile App, and Fintech Repository for efficiency, retail investment, and fintech data.

The Reserve Bank of India (RBI) has launched three major initiatives: the PRAVAAH portal for online regulatory approvals, the Retail Direct Mobile App for retail investors to participate in the government securities market, and the Fintech Repository for a better understanding of the Indian fintech sector. These initiatives aim to enhance efficiency, facilitate retail investment, and provide comprehensive data on the fintech sector.