RBI conceptualized unified market interface, working on standards for customer onboarding on digital platforms: RBI Guv Malhotra

RBI Governor Sanjay Malhotra announced the conceptualization of a Unified Lending Interface (ULI) at the Global Fintech Fest 2025. This initiative aims to leverage data for alternative credit models, alongside ongoing work on digital customer onboarding standards. The Governor also highlighted AI's potential to advance India's Digital Public Infrastructure.