Thursday, October 17, 2024

P2P startups look to overhaul biz, processes amidst RBI crackdown

Peer-to-peer lending startups are still coming to terms with the latest observations on the sector released by the RBI on August 16. At the same time, they are also dealing with regulatory action against violations. Many P2P platforms are working on restricting withdrawals and also overhauling their entire product journey to abide by stringent RBI rules on the sector.

from Tech-Economic Times
via IFTTT

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