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SHANKAR VADDADI
P2P lending startups to get NBFC tag soonRBI identifies peer-to-peer lending startups as a special category of non-banking fin companies- With new RBI norms, P2P lending startups are hoping to attract VCsMohandas Pai, who has backed Faircent, said the RBI's regulatory guidelines will bring clarity, which will attract more players and intensi...
- Faircent cuts personal loan rates to 9.99%, will other P2P lenders follow suit?Faircent.com, leading peer-to-peer (P2P) lending company, has reduced the minimum rate of interest for unsecured loans to 9.99 per cent.
- Got poor or no credit score? Here is how P2P loans can helpPeer-to-peer (P2P) loans are catching the attention of youngsters across metros.
- P2P lending: How the Rs 10 lakh cap will affect small businesses?The Peer-to-peer (P2P) online platform aims to bridge the gap between people who can lend and those who want to borrow without any security.
- P2P lending companies can't bank on RBI rules this yearET recently reported that P2P startups had decided to form an association with an intention of self-regulation. The association expects to ...
- Rs 10-Lakh limit on P2P lending will hurt industry: FoundersThey fear that these issues could eventually drive potential investors out of this segment as well.
- P2Ps are in a race to build 1st blockchain platform hereFrom established players like Faircent to early-stage companies like IndiamoneyMart, PaisaDukaan and OMLP2P, all are trying to develop the ...
- Peer-to-peer lending companies join hands to form the Association of P2P Lending PlatformsThe association will actively work towards creating awareness about online P2P lending in India and promoting its merits as an innovative a...
- Regulations helped fintech mature in 2017; yet 2018 may prove challenging for cos to navigateRecognition of peer-to-peer lending startups, revised guidelines for digital wallets & finalising charges for epayments can help fintech se...
- P2P companies can't take loan exposureAn NBFC-P2P shall not lend on its own and not provide any credit enhancement or credit guarantee.
- i-lend plans to venture out with funds from 50KThe Hyderabad-based company recently started operations in Bengaluru and plans to expand to a few more cities in the coming months. It is a...
- P2P platform i-lend eyes pan-India expansion, fresh capitalThe online marketplace connects borrowers who are in need of money to lenders who are ready to invest for higher returns.
- Note ban-hit investors ditch real estate & gold to fund alternative lending cosBanks and NBFCs are looking to lend via alternative lending platforms following the government's push for digital transactions which is inc...
- P2P firms to form an association for a fair code ahead of RBI guidelinesP2P companies are in the process of forming an association with an aim to create a fair practice code within the industry players and grapp...
- P2P Lenders have Insurance CoveredWhile some have already started offering insurance products, most of them are waiting for the RBI to issues guidelines.
- Faircent.com, Lendbox.in and other peer-to-peer lending platforms gain popularity, draw RBI gazePTPL is the practice of large-scale lending of money between people online. In other words, it is an ‘emarketplace’ that hooks up lenders w...
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