More Transparency in P2P Lending
With the inclusion of peer-to-peer (P2P) lending into a macro regulatory framework, India has now joined the ranks of countries such as the UK, the US, and China among others, which have a regulatory framework for this model. P2P lending has been facilitating easier access to loans for consumers, who are either denied credit by traditional banks or are not served at all.
Related Articles
-
Cheaper than banks: 5 platforms that fuel alternative finance market
Mar 26, 2015
-
How LTCG stung investors can still earn high returns
Feb 12, 2018
-
Digital India: P2P lending can play a pivotal role in financial inclusion
Apr 24, 2017