NPCI Eyes Credit Revolution Using UPI Data and Unified Lending Interface

Imagine how easy it is to send money using UPI in India.

Now, imagine borrowing money just as easily!

The company that helped make UPI popular is planning a new way for people to borrow money.

They want to use the information from your UPI payments to help banks decide quickly if you can borrow, and how much.

This new system, called the Unified Lending Interface, could make borrowing money much faster and simpler.

It might even help people who haven't been able to get loans before to borrow money easily.

This could be a big change, like how UPI changed how we pay for things, this new idea could change how we borrow.