{"id":891870,"date":"2024-12-31T07:59:59","date_gmt":"2024-12-31T02:29:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=891870"},"modified":"2024-12-31T08:06:44","modified_gmt":"2024-12-31T02:36:44","slug":"how-much-loan-rbis-upi-like-lending-platform-has-disbursed-in-its-pilot","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/31\/how-much-loan-rbis-upi-like-lending-platform-has-disbursed-in-its-pilot\/","title":{"rendered":"How much loan RBI\u2019s UPI-like lending platform has disbursed in its pilot?"},"content":{"rendered":"<p>The upcoming lending platform Unified Lending Interface (ULI) by the Reserve Bank of India (RBI) to enable bank credit based on alternate data has disbursed over 6 lakh loans amounting to Rs 27,000 crore under its ongoing pilot as of December 6, 2024, according to a report on banking in India by the central bank. <\/p>\n<p>The ULI (earlier called Public Tech Platform for Frictionless Credit) is a digital public infrastructure in the lending space, which aims to unlock critical financial, non-financial and alternate data, for lenders to enable informed credit decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upcoming lending platform Unified Lending Interface (ULI) by the Reserve Bank of India (RBI) to enable bank credit based on alternate data has disbursed over 6 lakh loans amounting to Rs 27,000 crore under its ongoing pilot as of December 6, 2024, according to a report on banking in India by the central bank. The ULI (earlier called Public Tech Platform for Frictionless Credit) is a digital public infrastructure in the lending space, which aims to unlock critical financial, non-financial and alternate data, for lenders to enable informed credit decisions.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-891870","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/891870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=891870"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/891870\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=891870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=891870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=891870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}