P2P platforms see rising customer interest ahead of T+1 deadline
Business Standard|November 04, 2024
Firms conducting pilots ahead of Nov 14 target
AJINKYA KAWALE
P2P platforms see rising customer interest ahead of T+1 deadline

User interest in peer-to-peer (P2P) lending platforms may be picking up pace, even as players initially feared major business disruption following the Reserve Bank of India's (RBI's) revised guidelines for such companies in August.

P2P non-banking financial company (NBFC) lending platforms provide an online marketplace for participants in P2P lending, which includes individual lenders and borrowers. Individuals can view details about borrowers before lending them capital.

Companies noted that they are conducting pilots or have completed the implementation of the T+1 guideline ahead of the November 14 deadline, which mandates firms to clear funds in escrow accounts within one day.

この記事は Business Standard の November 04, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の November 04, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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