What Is The Unified Lending Interface? | ULI News Today
Автор: NDTV Profit
Загружено: 2024-08-26
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Reserve Bank of India Governor Shaktikanta Das on Monday launched the Unified Lending Interface. This will cut down the time taken for credit appraisal, especially for smaller and rural borrowers. "This platform facilitates seamless and consent based flow of digital information, including even land records of various states, from multiple data service providers to lenders," Das said at the Digital Public Infrastructure and Emerging Technologies conference organised by the RBI. The ULI platform went through a pilot launch last year, where the central bank tested the efficacy of the system in real life situations. At the time, this was called Public Tech Platform for Frictionless Credit.
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