The RBI is set to crack down on P2P lending

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.

10 November, 202311 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
The RBI is set to crack down on P2P lending

You may also like

Internet
Story image

RBI’s fraud fix could give banks a headache

The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.

Internet
Story image

Fintech giant Revolut’s India ambition needs a dose of reality

The UK-based company will have to go above and beyond to survive a fiercely competitive and price-conscious market with strict regulations.

Business
Story image

HDFC Bank’s supposed can of worms needs to be opened and investigated

Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.