Unified Lending Interface Archives

Worried Your Low Credit Score Will Block Your Loan? Here’s How This Upcoming Government Lending Method Will Make CIBIL Score Irrelevant

DainikNews Live Admin8 months ago02 mins

New Delhi: The Ministry of Finance is getting ready to launch a new digital lending system called the Unified Lending Interface (ULI), NDTV reported. This system could change the way personal loans and credit cards are approved by removing the need for traditional credit score checks. The Department of Financial Services (DFS) is leading this…

All About Unified Lending Interface That RBI Is Planning To Launch –Will It Be Similar To UPI?

DainikNews Live Admin2 years ago04 mins

New Delhi: The Reserve Bank has announced that it will launch Unified Lending Interface (ULI), a platform to ensure a smooth credit flow, particularly for smaller and rural borrowers. According to RBI Governor Shaktikanta Das, the ULI will revolutionize the financing landscape in India. The ULI is anticipated to be launched nationally in due course….