Latest News on p2p Lending
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p2p Lending - Total results - 3
Dec 24, 2019
RBI caps lending on P2P platforms at Rs 50 lakh to protect consumer interest; transactions through bank accounts, cash not allowedThe lender investing more than Rs 10 lakh across P2P platforms will produce a certificate to P2P platforms from a practising Chartered Accountant certifying minimum net-worth of Rs 50 lakh.
Sep 09, 2018
Tata Capital Financial Services closely monitors P2P lending sector, may enter the space, says MDFintech companies are active in the P2P platforms and the Reserve Bank of India (RBI) has created separate category for proper regulations.
Oct 05, 2017
Lenders, borrowers cannot have exposure of over Rs 10 lakh on P2P platforms: RBIThe Non-Banking Financial Company Peer to Peer Lending Platform (Reserve Bank) Directions, 2017, have come into force with immediate effect.