Peer-to-peer (P2P) Lending in India – How it works | RBI Guidelines – Banking Awareness 2017



Hello and welcome to exampundit. As a part of our vastly famous Banking Awareness 2017 Section, we are providing you a PDF which contains All information Peer-to-peer (P2P) Lending in India.

Recently, The Reserve Bank of India (RBI)
said, through an 18 September gazette notification, that peer-to-peer lenders
(P2P)—companies that provide loan facilitation services from their
platform—will be treated as non-banking
financial companies (NBFCs
). 

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Thus, P2P Lending topic became very important for the upcoming IBPS PO Mains & Interview round.

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Team ExamPundit