ULI's Lending Revolution : From Paperwork to Progress

🚀 Unlocking Opportunities for MSMEs in India 🚀

Meet a small business owner in rural India, struggling to secure funds for her textile shop. Her story is not unique; millions of MSME borrowers face similar challenges in accessing credit. The recent launch of the Unified Lending Interface (ULI) by the RBI aims to change that! By leveraging technology and data, ULI promises to make lending more inclusive and efficient. Join me in exploring how this innovation can revolutionize the lending landscape in India.

Chapters
00:00 - Credit Challenges in India
08:17 - Principles of Frictionless Credit and the launch of ULI
10:13 - Data Points available on ULI
12:15 - Potential Applications of ULI
14:53 - Potential Challenged with ULI
18:37 - ULI vs OCEN
19:53 - Scope of ULI
21:12 - ULI vs Credit on UPI who will win?
22:33 - How far away is ULI from hitting the ground?
24:15 - RBI is cautious about unsecured lending, so will ULI be a big push?
25:30 - The dark realities of India's landscape which would make collections hard, even with ULI

#MSME #FinTech #UnifiedLendingInterface #RBI #Innovation #Inclusion #gff