Coming soon: UPI-like platform for lending
RBI launched the Unified Lending Interface (ULI) to facilitate frictionless loans based on digital information flow and land records, aiding small businesses and rural borrowers. RBI Governor Shaktikanta Das highlighted ULI's success and potential, aiming for a nationwide launch. He also discussed AI integration and cross-border payment systems at a digital infrastructure conference in Bengaluru.
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RBI launched the Unified Lending Interface (ULI) to facilitate frictionless loans based on digital information flow and land records, aiding small businesses and rural borrowers. RBI Governor Shaktikanta Das highlighted ULI's success and potential, aiming for a nationwide launch. He also discussed AI integration and cross-border payment systems at a digital infrastructure conference in Bengaluru. 
