Sunday, 14 December, 2025
RBI Innovation Hub Develops Unified Lending Interface Using Data from Rapido, Swiggy, and Amul
The Reserve Bank Innovation Hub (RBIH) is developing a Unified Lending Interface (ULI) to streamline credit access by utilizing data from platforms like Rapido, Swiggy, and Amul. By integrating financial and non-financial data, including land records, ULI aims to expedite loan approvals, particularly for small businesses and farmers. Seven states have already joined the initiative, enhancing the platform's reach.
Read full story at Economic Times