Monday, March 24, 2025

P2P lending slows as RBI move clouds future of key players

The peer-to-peer (P2P) lending sector has experienced a significant slowdown over the past year as the Reserve Bank of India (RBI) has tightened regulations on the industry. According to two founders in the sector, the total assets managed through P2P lending platforms have plummeted from approximately Rs 10,000 crore a year ago to around Rs 3,000 crore.

from Tech-Economic Times https://ift.tt/ZhEgzkU

No comments:

Post a Comment

Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the line

India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swigg...