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    Question

    Which of the following is correct about RBI's Unified

    Lending Interface (ULI)?
    A ULI is designed to provide lenders with consent-based digital access to customers' financial and non-financial data. Correct Answer Incorrect Answer
    B ULI will only be available to government banks. Correct Answer Incorrect Answer
    C ULI is intended exclusively for urban lending. Correct Answer Incorrect Answer
    D ULI will be integrated into the UPI system. Correct Answer Incorrect Answer
    E ULI will replace the credit bureau system in India. Correct Answer Incorrect Answer

    Solution

    ULI is designed to provide lenders with consent-based digital access to customers' financial and non-financial data, including land records, to streamline credit appraisal.

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