RBI Shifts NDS-OM Access Process to PRAVAAH Portal

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  • Last Updated on 29 April, 2026

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RBI NDS OM PRAVAAH portal

Notification no. FMRD.MIOD.No.1/11.01.051/2026-27, Dated 27.04.2026

The Reserve Bank of India (RBI) has updated the Master Direction on access criteria for the NDS-OM (Negotiated Dealing System – Order Matching) platform, aligning it with recent digital initiatives.

1. Integration with PRAVAAH Portal

In line with the implementation of the PRAVAAH portal:

  • Application processes have been digitised and streamlined
  • Forms are now hosted on the portal instead of being embedded in the Directions

2. Rationalisation of Application Forms

  • Existing application formats have been removed from the Master Direction
  • Revised formats are:
    1. Available on the PRAVAAH portal
    2. Designed to simplify submission and processing

3. Objective of the Update

The revision aims to:

  • Improve ease of regulatory access
  • Promote digital-first application processes
  • Enhance efficiency and transparency

4. Effective Date

  • The updated Directions are effective immediately

5. Conclusion

The update reflects RBI’s push towards digitisation and process simplification, ensuring that access to the NDS-OM platform is managed through a more efficient and centralised application system.

Click Here To Read The Full Notification

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Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied