Brief Overview:
All applicants, including Regulated Entities (REs), effective 1st May, 2025, are advised to use PRAVAAH for submitting applications for regulatory authorisations, licenses, and approvals to RBI using the application forms already available in the portal. Applications for which a specific form is not available can be submitted using the general-purpose form.
Technical Details:
(Platform for Regulatory Application, Validation And AutHorisation), is a portal launched by RBI in 2024 to streamline online applications for regulatory authorisations, licenses, and approvals ensuring seamless, secure and faster delivery of services in a transparent manner.
User manual, FAQ and videos are available on the portal itself.
JC takeaway:
PRAVAAH is RBI’s step towards its commitment to achieving end-to-end digitization of all internal workflows involved in regulatory approval processes. This will ensure enhanced efficiency, transparency, and timeliness in service delivery.
For further details, please see:
Launch of PRAVAAH, RBI Retail Direct Mobile Application and FinTech Repository
Processing of Regulatory Authorisations/ Licenses/ Approvals through PRAVAAH
For any queries/clarifications, please feel free to ping us and we will be happy to chat: