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RBI ULI launch

RBI to launch ULI for frictionless flow of credit to small, rural borrowers

RBI to launch ULI for frictionless flow of credit to small, rural borrowers

Mon, Aug 26, 2024

In the inaugural speech, RBI Governor Shaktikanta Das said Unified Payments Interface or UPI, a real-time payment system launched in India in April 2016 by the National Payments Corporation of India (NPCI), has played a significant role in the growth of retail digital payments in India.

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