New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which platform was rebranded as the Unified Lending

    Interface (ULI) under the Reserve Bank Innovation Hub (RBIH)?
    A Bharat Interface for Money (BHIM) Correct Answer Incorrect Answer
    B Public Tech Platform for Frictionless Credit (PTPFC) Correct Answer Incorrect Answer
    C Unified Payments Interface (UPI) Correct Answer Incorrect Answer
    D Bharat Bill Payment System (BBPS) Correct Answer Incorrect Answer
    E National Automated Clearing House (NACH) Correct Answer Incorrect Answer

    Solution

    The Public Tech Platform for Frictionless Credit (PTPFC) was developed by RBIH and rebranded as the Unified Lending Interface (ULI) to streamline digital credit delivery across banks, NBFCs, and fintechs, similar to how UPI functions in payments.

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