Buying and selling of government securities will be done through RBI mobile app.

RBI Mobile App: The Reserve Bank of India (RBI) has launched a mobile app for buying and selling government securities. This move by the central bank will facilitate the buying and selling of government bonds by retail investors. With the mobile app, retail investors can now buy and sell government securities using a mobile app on their smartphones. Along with this, RBI has also launched 'Prava' portal for easy submission of applications online. Where to download mobile app: Regarding the 'retail direct' mobile app for buying and selling government securities, retail investors can now buy and sell government securities using a mobile app on their smartphones, according to a RBI statement. The mobile app can be downloaded from 'Play Store' for Android users and 'App Store' for iOS users. Currently, the 'Retail Direct' portal enables retail investors to open retail direct government bond accounts with RBI. This facility is provided under Retail Direct scheme. Prawah to simplify regulatory approvals In a statement released by RBI, the 'Pravah' portal will simplify various processes related to granting regulatory approvals. Apart from this, RBI has launched 'FinTech Repository' initiative. Launched by Governor Shaktikanta Das, this third initiative aims to help Indian financial technology (FinTech) companies better understand data from a regulatory perspective and develop visionary policies. The portal was launched in November 2021. You can submit online application through 'Prava' portal launched for regulatory applications, verification and approval is a secure and centralized web platform. It grants approval, license or regulatory authorization to any person or organization in matters relating to Reserve Bank. Sharing the features of the portal in the statement, RBI said that 60 application forms related to various regulatory and supervisory departments can be submitted online. Apart from this, application status can also be checked on this portal. RBI can send decision regarding any application in time. It has been informed that more application forms will be provided if required. What is the purpose of the Fintech Repository What is the purpose of the Fintech Repository for the purpose of developing an approach and appropriate policy stance to regulate financial technology firms, their operations, technology use etc.? Both regulated and unregulated fintech companies are encouraged to contribute to the repository. Amtron Electronics' IPO will open on May 30. Along with this 'Amtech Repository' has also been published. Only institutions under RBI (Banks and NBFCs) are a suitable repository for adoption of emerging technologies (Artificial Intelligence, Machine Learning, Cloud Computing etc.). FinTech and MTech repositories are secure web-based applications and managed by Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of RBI. The company dismissed speculations that 'Paytm will not be sold to Gautam Adani'.