The Reserve Bank of India is set to launch Unified Lending Interface (ULI) nationwide soon as it expects this platform to transform the lending sector in India much like UPI has transformed the ...

Speaking at a Global Conference on Digital Public Infrastructure and Emerging Technologies in Bengaluru, the RBI governor said that the platform would be called Unified Leading Interface (ULI).

ULI is expected to cater to large unmet demand for credit across various sectors, particularly for agricultural and MSME borrowers," the RBI governor stated. Showing confidence in the newly ...