Question

    Which organization is managing the development of the Unified Recovery Interface (URI) for banks in India?

    A Reserve Bank of India Correct Answer Incorrect Answer
    B NITI Aayog Correct Answer Incorrect Answer
    C PSB Alliance Ltd Correct Answer Incorrect Answer
    D Indian Banks' Association (IBA) Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    PSB Alliance Ltd is overseeing the development of the Unified Recovery Interface (URI) to streamline recovery processes for banks.

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