
RBI awards NBFC status to P2P Lending Platforms
RBI Guidelines for P2P lending platforms P2P Lending Platforms will soon go mainstream In a welcoming move, RBI recently notified Peer-to-Peer (P2P) Lending institutions as Non-Banking Financial Companies (NBFCs). Now it’s only a matter of time before RBI issues guidelines to regulate the sector. In April 2016, RBI had released