RBI’s ULI: A New Era for Loan Disbursement in India
Borrowing money from banks or finance companies involves submitting job details, personal information, land documents, and other necessary paperwork. Verifying and processing the loan often takes several days. To address this issue, the Reserve Bank of India (RBI) is introducing a new tech platform called Unified Lending Interface (ULI) to simplify the loan process. RBI … Read more