The Reserve Bank of India (RBI) has introduced a new mobile application, ‘RBIDATA’, offering seamless access to over 11,000 series of economic and financial data related to the Indian economy.
According to RBI, the app presents macroeconomic and financial statistics in an interactive and user-friendly format, enabling users to view time series data through graphs and charts, along with options to download datasets for further analysis. It also provides details such as data sources, measurement units, frequency, and recent updates.
One of the key features of the app is the ‘Banking Outlet’ section, which helps users locate banking facilities within a 20-kilometre radius of their location. Additionally, the app includes a ‘SAARC Finance’ section, offering insights into economic data from SAARC nations.
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The RBI highlighted that RBIDATA offers quick access to the Database on the Indian Economy (DBIE) portal, aiming to benefit researchers, students, and the general public by providing comprehensive economic insights in a convenient digital format.
With this initiative, the RBI continues its efforts to enhance financial awareness and promote data-driven decision-making in the economy.
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