RBI has conceptualised Unified Market Interface: Governor Malhotra
RBI has conceptualised "Unified Market Interface" aiming to strengthen the country’s financial infrastructure, said Governor Sanjay Malhotra. The work is underway to develop standards for customer onboarding on digital platforms to enhance interoperability and ease of access, he added. He proposed "Unified Lending Interface" that will enable lenders to use data to build alternative credit models.