Latest Updates Around The World
ULI brings together financial services companies (FIPs) and multiple data providers through a standardized, protocol-driven architecture and an open application programming interface (API) framework. | Photo credit: PRASHANTH VISHWANATHAN A total of 64 lenders, including 41 banks and 23 non-banking finance companies (NBFCs), have been onboarded the Reserve Bank of India’s ULI (Unified Lending Interface) […]
SBI Chairman Challa Sreenivasulu Setty India’s financial sector is growing rapidly and building a national financial network that connects elements like credit bureaus, fraud registers, e-KYC facilities, UPI and an account collection framework can help lenders tackle fraud and support risk management, said CS Setty, Chairman, State Bank of India (SBI) at the CII Financing […]
We have been used to paying directly via multiple online platforms and apps for years. The Unified Payments Interface (UPI) has managed to connect banks across the board to create the most seamless transactions. However, the scenario is still not that simple and easy when we consider taking loans from banks, NBFCs and microfinance players. […]
