Unified Lending Interface
On 26th August, 2024, Reserve Bank of India (RBI) Governor, while speaking at the Global Conference on Digital Public Infrastructure (DPI) and Emerging Technologies, said the central bank is all set to float its ‘Unified Lending Interface’ (ULI) technology platform.
Why India Needs ULI?
- Inequality in access to credit.
- Dependence on the informal sector.
- Limited access for MSMEs.
- High rate of loan rejection.
What is ULI?
- Unified Lending Interface (ULI) is a digital platform which is expected to smoothen the lending processes.
- The platform is aimed at catering to a large unmet demand for credit across various sectors, particularly for agricultural and medium small ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 First Report of Standing Committee on Petroleum and Natural Gas
- 2 India-ADB Agreement under SMILE Program
- 3 Annual Survey of Unincorporated Sector Enterprises, 2023-24
- 4 MuleHunter.AI: Combating the Issue of Mule Accounts
- 5 Committee of Creditors
- 6 SEBI Widens Scope of Optional T+0 Rolling Settlement Cycle
- 7 55th Meeting of the GST Council
- 8 State Finances: A Study of Budgets of 2024-25
- 9 RBI Committee on FREE-AI
- 10 Parliamentary Committee Report on Agriculture Distress
- 1 Krishi-Decision Support System
- 2 AI-based National Pest Surveillance System
- 3 Implementation Challenges of the PM KUSUM Scheme
- 4 MoU to Enhance Cooperative Management in Fisheries
- 5 Open Market Sale Scheme (Domestic)
- 6 Expansion of Agricultural Infrastructure Fund Scheme
- 7 Scheme for Trading and Settlement of Sovereign Green Bonds in IFSC
- 8 Yen Carry Trade
- 9 Foreign Exchange Management (Fourth Amendment) Rules, 2024
- 10 Framework for Recognition of Self-Regulatory Organisations
- 11 Development of New Industrial Cities under NICDP Infrastructure
