P2P platforms facilitating a structed Lending ecosystem
P2P is a platform acting as a marketplace for Lenders & Borrowers. The regulations put in place by the Reserve Bank of India have boosted their confidence in the platform. As a regulated space, it has the scope to bridge the credit gap in the country and it enables credit being rolled out to those who might be deemed unworthy by the formal credit sector. The future of P2P revolves around more credit inclusiveness & remote access to credit through apps.
Click here to read more: https://www.cnbctv18.com/finance/significance-of-p2p-platform-in-formalizing-and-building-structured-lending-ecosystem-11952152.htm
Related Articles
-
Why fintech panel believes P2P platforms can ease credit supply
Sep 06, 2019
-
Banking on technology: P2P lending and the uberization of financial services in India
May 22, 2017
-
P2P Lending during COVID-19: Baptized by fire, platforms will redefine lending and borrowing
Apr 30, 2020