Friday, May 11th, 2018

 

RBI regulations create roadblocks for peer-to-peer lending companies

Finding alternative sources of investment is picking up as a phenomena in India. With limited venture funds and resource capital available, entrepreneurs and businesses are being compelled to seek out different avenues of funding such as peer-to-peer lending (P2P) for their operations. Looking at the advent of this online industry and its potential impact, regulatory bodies like SEBI and RBI are having to address this industry. While SEBI has made the first move, and is working on establishing regulations for the unregulated crowdfunding sector, RBI isn’t too far behind, and has published a discussion paper, based onRead More