Lending Platforms grow consumer credit biz
Loan dibursements on P2P Lending platforms like Faircent.com growing month-on-month. Currently, Faircent has disbursed more than Rs. 20 crores till date. With more than 2 lacs registered Borrowers, the platform is averaging Rs. 2 crores of disbursement every month. This is a step towards bringing individuals, SMEs and MSMEs under the purview of organized credit thereby contributing to greater financial inclusion.

Related Articles
-
Will online lending platforms survive when banks wake up from slumber?
Feb 20, 2018
-
Education loan? Avoid these mistakes
May 22, 2019
-
RBI guidelines for P2P lending expected by March 2017
Dec 22, 2016