Editorials, GS-3, Uncategorized

P2P lending: towards easy funding

Livemint Issue Analysis of the guidelines issued by the Reserve Bank of India (RBI) on peer-to-peer (P2P) lending. What is P2P lending? To bridge the gap of unavailability of proper formal credit, an aggressive breed of loan providers has emerged in India, called peer-to-peer (P2P) lending. The concept is not new—it is basically an individual,… Continue reading P2P lending: towards easy funding