RBI's New App to Provides Seamless Access To Economic and Financial Data
Moneylife Digital Team 19 February 2025
Reserve Bank of India (RBI) has launched a new mobile application, 'RBIDATA', to provide users with seamless access to macroeconomic and financial statistics related to the Indian economy. Designed to be visually engaging and user-friendly, the app aims to offer economic data at users fingertips, catering to researchers, students and the general public, RBI says. 
 
According to the central bank, RBIDATA grants access to over 11,000 economic data sets, providing a comprehensive view of India's economic health. Users can explore time-series data in graphical and chart formats and even download it for further analysis. 
 
The app also includes essential details such as data sources, units of measurement, frequency and recent updates, along with explanatory notes to help users better interpret the information. 
 
Additionally, a ‘popular reports’ section highlights frequently accessed reports, ensuring quick and easy retrieval of important data.  
 
RBIDATA also features a robust search function, allowing users to access specific data directly from the home screen without navigating through multiple sections. Another key functionality is the ‘banking outlet’ locator which enables users to find nearby banking facilities within a 20km radius. 
 
Moreover, the app provides a SAARC finance section that allows users to explore economic data from South Asian Association for Regional Cooperation (SAARC) countries which include India, Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka.
 
The app connects users to the Database on the Indian Economy (DBIE) portal (https://data.rbi.org.in), making it a valuable tool for data-driven insights. It is available for Android (version 12 and above) and Apple iOS users, with RBI actively seeking user feedback to enhance its functionality further.
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