UNIFIED LENDING INTERFACE PLANNED BY RBI TO IMPROVE LENDING PROCESS IN INDIA
India’s lending market is witnessing a transformational change with the RBI’s plan to launch a Unified Lending Interface (ULI) to streamline the lending process in India, especially for rural and smaller borrowers. For this, RBI announced in August 2023 that it is running a pilot project to test the ULI interface. This aims to revolutionize […]
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