UNIFIED LENDING INTERFACE(ULI) to be Launched :RBI
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This is hypocrisy xDD RBI wants to control loan and lending india because of its huge growth recently, but now RBI is making itself an easy agent for loan ????
this is hypocrisy so crazy
have to wait and watch on
1) how its gonna implement in practical way and
2) how it might affect the NBFC soon:)
This is RBI saying lend to priority sector with Standardized interface to enable frictionless lending fOR RURAL AGRI & MSME which are in need of Debt but not to those who're already neck deep under UNSECURED loans which is high risk & not Beneficial for economy at large
The above aren't my words these are the word's of some industry veterans commenting on ULI ,don't take it as my words and cone calling xdd
If you both want to discuss why can't you disscus in dm or WhatsApp 😂
Rbi be like - " Chain kuli ki main kuli" , hum laa rhe h "ULI"...
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