RBI’s mobile app RBIDATA makes economic and financial data easily accessible
- In Reports
- 05:30 PM, Feb 20, 2025
- Myind Staff
The Reserve Bank of India (RBI) has launched a mobile app called RBIDATA, making it easier for users to access and explore India's primary economic and financial data easily and interactively. The RBIDATA is part of the RBI's broader objective to make economic data more transparent and easily accessible to everyone, including researchers, policymakers, financial experts and the general public.
The app provides access to an extensive collection of over 11,000 economic data series encompassing different aspects of the Indian economy. Users can analyse time-series data through interactive graphs and charts, with the option to download datasets for deeper study. Each dataset has detailed source information, measurement units, update frequency and explanatory notes to ensure transparency and ease of use.
RBIDATA includes a Popular Reports section, making frequently accessed economic reports readily available for prompt reference. Its improved search feature allows users to find specific data directly from the home screen, eliminating the need for lengthy navigation. The app also features a Banking Outlet locator, helping users find banking facilities within a 20 km radius. The SAARC Finance link also offers pivotal macroeconomic data from SAARC member countries, enabling regional economic comparisons.
RBIDATA is designed to integrate smoothly with the Reserve Bank of India's existing digital resources, providing direct access to the Database on the Indian Economy (DBIE) portal at data.rbi.org.in. The app is available for both iOS and Android devices (version 12 and above) and allows users to share feedback for ongoing improvements.
RBIDATA marks an essential step in data dissemination for the Banking, Financial Services and Insurance (BFSI) sector, providing professionals, analysts and decision-makers with real-time economic insights. With its structured, high-quality financial data in a digital-first format, the app is poised to enhance data-driven policymaking, investment strategies and economic research, contributing to a stronger financial ecosystem in India.
Comments