RBI To Launch Unified Lending Interface (ULI)

Published On: August 27, 2024 - The Reserve Bank of India (RBI) is soon going to introduce the Unified Lending Interface (ULI). According to RBI Governor Shaktikanta Das ULI will bring a drastic change in the lending industry in India. The new platform will provide consent-based digital access to customers’ financial and non-financial data, including land records to help extend frictionless credit.