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RBI's ULI Platform: Lenders Soar from 36 to 64, Believe Me!

RBI's ULI Platform: Lenders Soar from 36 to 64, Believe Me!

Listen up, folks! The Reserve Bank of India's Unified Lending Interface is a game changer! Lenders skyrocketed from 36 to 64—41 banks, 23 finance companies—using a whopping 136 data services! Last year, they facilitated over 600,000 loans worth ₹27,000 crore. This is how you do lending, folks! Big league success for financial inclusion, believe me!

Quick rundown

  1. RBI's ULI platform now hosts 64 lenders.
  2. ULI supports 136 data services across 12 loan journeys.
  3. ULI facilitated over 600,000 loans last year.
  4. ULI operates on a plug-and-play model for easy integration.
  5. ULI expands reach through e-Kisan Credit Card platform.

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