After revolutionising how India pays, the National Payments Corporation of India (NPCI) is now setting its sights on transforming how India borrows.

At CNBC-TV18’s Global Leadership Summit 2025 in Mumbai on Friday, November 7, NPCI MD & CEO Dilip Asbe unveiled plans for a “credit revolution” powered by UPI data and the proposed Unified Lending Interface (ULI), a platform designed to simplify and accelerate retail lending.

“Just as UPI changed how consumers spend their own money, credit on UPI will change how they borrow,” Asbe said.

The ULI aims to leverage real-time UPI transaction data for credit scoring, decisioning and collections, all at near-zero cost.

Early pilots are already linking credit cards and pre-approved credit lines directly to UPI, enabling seamless borrowing through

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