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The central bank has serious concerns about how peer-to-peer lending companies are marketing themselves and partnering with fintechs—and regulatory action is imminent.


The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.
The UK-based company will have to go above and beyond to survive a fiercely competitive and price-conscious market with strict regulations.