CrackitToday App

Unified Lending Interface : RBI

Kumari Sonali

Unified Lending Interface:

RBI Governor announced that the Unified Lending Interface (ULI), designed for seamless and quick credit access, particularly for MSMEs and farmers, is currently in the pilot stage.The platform integrates diverse data sources to reduce loan appraisal times and simplify processes. It is expected to be launched nationwide soon, with the potential to transform the lending space, similar to how UPI revolutionized payments.

...Read more on our test console

...Read these too

  • Unified Lending Interface

    Unified Lending Interface: Positioned as a platform to transform the lending space, the Reserve Bank of India (RBI) is currently running a pilot of the Unified Lending Interface (ULI). Unified…

  • Unified Logistics Interface Platform

    Unified Logistics Interface Platform: The Secretary of, the Ministry of Coal chaired a meeting on the integration of the Unified Logistics Interface Platform (ULIP) with the digital systems of the…

  • RBI Guidelines For Digital Lending

    RBI Guidelines For Digital Lending: RBI has tightened the norms for digital lending seeing a number of cases of fraud. Digital lending involves giving and recovering loans through web platforms…