RBI Deputy Governor T Rabi Sankar has called on the banks to step up collaboration with RBI to ensure the success of CBDCs ...

The Reserve Bank of India’s (RBI’s) lending platform Unified Lending Interface (ULI) has extended 7.5 Lakh loans worth INR 38 ...

The Reserve Bank of India is set to launch Unified Lending Interface (ULI) nationwide soon as it expects this platform to ...

The Reserve Bank of India’s (RBI) Unified Lending Interface (ULI), touted as the UPI-of lending space, has disbursed 7.5 lakh ...

The RBI introduced ULI in August 2024 as a frictionless credit platform aimed at empowering smaller and rural borrowers.

Banks have disbursed a total of 7.5 lakh loans amounting to ₹38,000 crore till now under the Reserve Bank of India’s (RBI) ...

To address these, the RBI introduced ULI, a system designed to streamline and standardize lending. The Unified Lending Interface (ULI) is a platform that connects banks, NBFCs (Non-Banking ...

( MENAFN - KNN India) Mumbai, Jan 25 (KNN) In a forward-looking move, the Reserve bank of India (RBI) is exploring the use of ...

The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...

ULI is expected to cater to large unmet demand for credit across various sectors, particularly for agricultural and MSME borrowers," the RBI governor stated. Showing confidence in the newly ...

Banks must collaborate with the RBI to expedite the implementation of digital initiatives like CBDC and ULI, emphasized ...

He further stated that as technology, especially artificial intelligence (AI), rapidly advances, the banking sector must ...