Question
Which platform was rebranded as the Unified Lending
Interface (ULI) under the Reserve Bank Innovation Hub (RBIH)?Solution
The Public Tech Platform for Frictionless Credit (PTPFC) was rebranded as the Unified Lending Interface (ULI) to facilitate more streamlined and accessible credit services under the RBI Innovation Hub. The Reserve Bank of India (RBI), as part of its strategy to create digital public infrastructure in the country, has announced that a new technology platform called the Unified Lending Interface (ULI) would be introduced by the Reserve Bank Innovation Hub, Bengaluru which will enable friction-less credit to farmers and MSME borrowers to begin with.
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