Question
Which institution announced the Unified Lending Interface (ULI) name for its frictionless-credit platform in August 2024?
The correct answer is
RBI
The Reserve Bank of India announced the Unified Lending Interface name in August 2024. The underlying frictionless-credit platform had been piloted in 2023.
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Important Questions from Banking Affairs
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Reserve Bank of India advised all banks in India to commence the migration of their existing domains to the '.bank.in' domain and complete the process latest by _________________
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