NLSIU, through its Chair on Consumer Law and Practice, undertook a TSIA-funded study examining the evolution of the Unified Payments Interface from a payments rail into a credit-enabled digital public infrastructure, with particular attention to the Credit Line on UPI framework and the present exclusion of NBFCs from direct participation.
Rethinking Digital Lending: A Whitepaper on Inclusion of NBFCs in the Credit Line on UPI Infrastructure
