Question

    Which organization oversees the Unified Recovery Interface (URI) aimed at improving banks' recovery processes?

    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B PSB Alliance Ltd Correct Answer Incorrect Answer
    C SEBI Correct Answer Incorrect Answer
    D NABARD Correct Answer Incorrect Answer
    E National Payments Corporation of India (NPCI) Correct Answer Incorrect Answer

    Solution

    PSB Alliance Ltd will manage the URI to enhance recovery processes, reduce costs, and improve property sale prices for defaulted loans.

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