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
-
A case for reduction: Why lowering interest rates on personal loans to 9.99% p.a made economic sense
Oct 08, 2018
-
Reasons to consider P2P lending platforms for credit needs
Aug 11, 2021
-
The new and the old way of banking
Oct 07, 2019