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

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) ...

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

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

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

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

A senior official stated that BharatTradeNet (BTN), a single trade documentation interface, will need a specialized agency ...

The credit to MSMEs grew 13% YoY against 6.1% for large enterprises at the end of November 2024, noted the Survey ...

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

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 ...