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Friday, 29 April 2016
Peer-to-peer lending: Easier and faster but is it safer?
The Reserve Bank of India has kicked off efforts to regulate peer-to-peer (P2P) lending in India. The move is believed to help the funding gap in the market which banks haven’t been able to service sufficiently well. The banking regulator has invited comments on its proposal to have P2P websites registered as non-banking finance companies.
The Reserve Bank of India has kicked off efforts to regulate peer-to-peer (P2P) lending in India. The move is believed to help the funding gap in the market which banks haven’t been able to service sufficiently well. The banking regulator has invited comments on its proposal to have P2P websites registered as non-banking finance companies.
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