RBI Governor introduces Unified Lending Interface (ULI) for credit access to small & rural businesses in India.

RBI Governor Shaktikanta Das announced the launch of Unified Lending Interface (ULI), a platform to facilitate credit transfer to small and rural businesses in India. ULI aims to address unmet credit demands across sectors, including agriculture and small companies, to support economic growth and financial inclusion. The platform operates based on consent and ensures data privacy during credit appraisal.

August 26, 2024
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