Peer-To-Peer Lending Platforms To Be Regulated As NBFCs
A customer holds a bundle of Indian rupee banknotes while filling in a deposit form in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  

Peer-To-Peer Lending Platforms To Be Regulated As NBFCs

The Reserve Bank of India (RBI) has notified that peer-to-peer (P2P) lending platforms will be seen as non-banking finance companies (NBFCs), beginning the process of regulating such companies.In a...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.