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RBI diktat on DLG may dent some P2P lenders

RBI diktat on DLG may dent some P2P lenders
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Peer-to-peer lending: P2P companies go easy on partnership business as RBI sounds alert

According to the founders of several of these lending platforms, given that the Reserve Bank of India is scrutinising the sector, they are adopting a “wait-and-watch” policy before stitching these deep integrations. P2P platforms LenDenClub and Liquiloans led the partnership game by working closely with fintechs like Cred and BharatPe to source borrowers and lenders.

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Monexo Investors Beating Inflation with 13 Per cent Pa Returns

Chennai (Tamil Nadu) [India], May 5 (ANI/BusinessWire India): Monexo Fintech Private LTD, an RBI licensed peer to peer digital lending marketplace has launched its simple paperless digital app that enables investors to earn 13 per cent pa and beat inflation.

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