P2P platforms facilitating a structed Lending ecosystem
P2P is a platform acting as a marketplace for Lenders & Borrowers. The regulations put in place by the Reserve Bank of India have boosted their confidence in the platform. As a regulated space, it has the scope to bridge the credit gap in the country and it enables credit being rolled out to those who might be deemed unworthy by the formal credit sector. The future of P2P revolves around more credit inclusiveness & remote access to credit through apps.
Click here to read more: https://www.cnbctv18.com/finance/significance-of-p2p-platform-in-formalizing-and-building-structured-lending-ecosystem-11952152.htm
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