Fin min, RBI meet govt officials on scaling up Unified Lending Interface

Fin min, RBI meet govt officials on scaling up Unified Lending Interface

ULI is a planned online platform that is expected to help lenders speed up loan approvals by giving them quick access to borrower data from multiple sources.

Unified Lending Interface: A New Era in Digital Credit Delivery Across India

Unified Lending Interface Set to Revolutionize Credit Delivery in India Aiming for Inclusive and Streamlined Lending Nationwide Introduction… The post Unified Lending Interface: A New Era in Digital Credit Delivery Across India appeared first on IMP.NEWS.

Unified Lending Interface to Scale Up for Inclusive Credit Delivery

The Indian government is moving to scale up the Unified Lending Interface (ULI) as a national Digital Public Infrastructure (DPI) for credit delivery. However, key questions remain over what kinds of data the system will be pulling in and whether privacy safeguards and grievance mechanisms will be built in from the start. At a high-level meeting on June 23, the Department of Financial Services (DFS) urged ministries and state governments to digi…

Finance Ministry Holds Meet On Scaling Up Unified Lending Interface

The finance ministry’s department of financial services (DFS) and officials of the Reserve Bank of India (RBI) held a meeting with various stakeholders yesterday on scaling up the planned Unified Lending Interface (ULI). ULI is a new digital public infrastructure aimed at transforming and streamlining credit delivery across India. This technology-driven platform is being developed to overhaul how credit (loans) is delivered and accessed across t…

Finance Ministry and RBI push for faster rollout of unified lending interface to revolutionise digital credit access

The Finance Ministry, in collaboration with the Reserve Bank of India (RBI), held a high-level... The post Finance Ministry and RBI push for faster rollout of unified lending interface to revolutionise digital credit access appeared first on .