November 22, 2024
Platform for seamless lending to ease credit for MSMEs & farmers #IndustryFinance

Platform for seamless lending to ease credit for MSMEs & farmers #IndustryFinance

CashNews.co

While delivering the keynote address at the Global Conference on Digital Public Infrastructure and Emerging Technologies, a part of RBI@90 initiative in Bangalore. RBI Governor Shaktikanta Das, on Monday, informed about the Reserve Bank of India’s Unified Lending Interface (ULI), a new platform the central bank is developing for “frictionless credit”. This platform is now in its pilot stage and is due to be launched nationwide.