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Tag: financial inclusion

New Digital Lending System in India: No More CIBIL Checks for Loans?

New Digital Lending System in India: No More CIBIL Checks for Loans?

0New Digital Lending System in India: A new credit initiative called the Unified Lending Interface (ULI) aims to transform how lenders process loans in India.Currently, the traditional method of checking CIBIL scores is the primary way financial institutions assess an applicant’s creditworthiness. However, with the introduction of ULI, this process could soon change, allowing for […]

No Minimum Balance Required For These Top 4 Banks Savings Accounts

No Minimum Balance Required For These Top 4 Banks Savings Accounts

No Minimum Balance Required: Several major banks in India have recently introduced measures to remove penalties associated with non-maintenance of a minimum balance in savings accounts. This shift aims to make banking services more accessible and affordable to all segments of society. No Minimum Balance Required: Indian Bank and Punjab National Bank Follow Suit Indian […]

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