Good News for P2P (Peer-to-Peer) lending industry in India..!!!
The much awaited consultation paper from RBI on P2P lending has been released recently and will play an instrumental role in deciding the contours of P2P (Peer to Peer) lending in India. It looks like a sector and lender confidence boosting step by RBI.
In our endeavour to promote adequate transparency in P2P Lending space, we are pleased to share some of the key highlights of this consultation paper: –
To read the complete consultation paper, please click on below link: – https://rbidocs.rbi.org.in/rdocs/content/pdfs/CPERR280416.pdf
We at Lendenclub are actively collecting feedback from lenders and will share it with regulators to draft a progressive and beneficial regulations.