P2P lending regulation guidelines

Anyone from RBI or related fintech, what's cooking?

The initiative by the Association of P2P Lending Platforms comes on the back of sharp displeasure...

9mo ago

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FluffyCupcake

NPAs are scaling, people going to RBI with complaints. Before RBI takes strict action, they(lenders) washing sins in public.

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RBI’s New Rules for P2P Platforms: A Net Positive for Lenders and Borrowers, Say Experts

The Reserve Bank of India (RBI) has issued amended guidelines for Peer-to-Peer (P2P) lending platforms, aiming to enhance transparency and curb irregular practices.
The new rules prohibit NBFC-P2P entities from assuming credit risk, ...

I have put lots of my liquid money into P2P lending and get 1k daily from cred mint, mobikwik xtra and 12%.

Reason- My bank pays interest which hardly can beat inflation.

Question - Where should I park my liquid money ?

PS - Markets ...

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