Rajesh Sivaswamy on RBI’s New P2P Platform Rules: A Game Changer for Lenders and Borrowers

Posted On - 27 August, 2024 • By - King Stubb & Kasiva

In a recent feature by Moneycontrol.com, Rajesh Sivaswamy emphasized the significance of the Reserve Bank of India’s (RBI) new regulations for Peer-to-Peer (P2P) lending platforms. He remarked, “This will allow lenders to make more informed decisions,” signaling a crucial advancement in the lending landscape.

WhatsApp Image 2024 08 26 at 19.08.50

The new rules introduced by the RBI aim to streamline and enhance the operations of P2P platforms, providing lenders with advanced tools to better assess borrower profiles and manage their loan portfolios. This development is expected to lead to a more transparent and efficient lending process, ultimately benefiting both lenders and borrowers by reducing risks and increasing access to credit.

Read more: https://www.moneycontrol.com/news/business/personal-finance/rbis-new-rules-for-p2p-platforms-a-net-positive-for-lenders-borrowers-say-experts-12801755.html