Simplified Processing of Licenses and Approvals via PRAVAAH
Processing of Regulatory Authorisations/ Licenses/ Approvals through PRAVAAH
In terms of the various Statutes/Master Circulars/Directions/Instructions etc. issued by the Reserve Bank from time to time, the Regulated Entities are required to submit applications/requests for seeking authorisations/licenses/approvals from different Departments of the Reserve Bank. On May 28, 2024, the Reserve Bank launched PRAVAAH (Platform for Regulatory Application, Validation And AutHorisation) as a secure and centralised web-based portal for any entity or individual to seek authorisation, license or regulatory approval on any reference made by it to the Reserve Bank. PRAVAAH has since facilitated receipt of nearly 4,000 applications/requests. However, some applications/requests are still being submitted by the Regulated Entities outside PRAVAAH.
2. As announced in the Press Release dated April 11, 2025, with effect from May 01, 2025, Regulated Entities are advised to use PRAVAAH for submitting applications for regulatory authorisations, licenses, approvals to the Reserve Bank using the application forms already available in the portal.
3. All Regulated Entities are advised to adhere to the above instructions. Instructions related to accessing the portal, submission and tracking of applications etc. are available on the portal itself. Further, for the convenience of users, the user manual, FAQs and videos are also available on the portal. PRAVAAH portal can be accessed at https://pravaah.rbi.org.in.
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