They added that some lenders had already begun halting certain services and practices in line with the central bank's guidance, while failure to comply could risk future penalties or restrictions
Vested offers a curated selection of listed corporate and govt bonds, with corporate bonds rated A and above, and government bonds backed by the govt, offering 9-12%
The Reserve Bank of India's FSR of December 2021 had also highlighted that given the level of inflation, investors are looking for a certain level of returns, and P2P platforms offer an incentive
Looking for investment options for high returns? P2P lending could get you 9-12% interest rate? Appealing, right? But there are some riders. Let's understand all about peer-to-peer lending.
Do investors have a case in opposing RIL's move to appoint Aramco chairman to its board? Will your recurring payments fail from today? What is peer-to-peer lending? Get answers in this episode