RBI PRAVAAH Portal Mandatory From May 1, 2025
Why in the news
RBI made its PRAVAAH portal mandatory, aiming for uniform, centralised regulatory communication.
Key facts
- A secure web platform to file, track and manage requests in one place.
- Goal: remove delays, raise transparency, improve monitoring.
- Guidance on access and tracking is on the portal.
Entities covered
| Group | Examples |
|---|---|
| Banks | Scheduled commercial banks incl. SFBs, LABs, RRBs; urban, state and central co-operative banks |
| Financial institutions | All-India Financial Institutions; NBFCs incl. housing finance companies |
| Others | Primary Dealers, Payment System Operators, Credit Information Companies |
Exam angle
- Start date 1 May 2025; applies to all Regulated Entities.