New Delhi, Jan. 27 -- In a recently shared post on Linkedin, Zerodha's co-founder and the younger of the two Kamath brothers - Nikhil Kamath - wrote about Unified Lending Interface (ULI) and how lending as a phenomenon can play a key role in scripting the growth of individuals.
While showering praises on ULI (Unified Lending Interface), Kamath said that it is a great step towards helping the entrepreneurial drive of India. He also said that ULI will bring a much bigger change than UPI (Unified Payments Interface).
He highlighted that access to credit for everyone is important to India's growth aspirations. A good test of any regulation is whether it leads to increased activity in the shadow markets, it's likely bad across industries.
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