Page 2 - P2p Lending

P2P lending firms to get a leg up with easing of investment cap

RBI is mulling allowing individual investors to raise their exposure to P2P lending start-ups to Rs 25 lakh as against Rs 10 lakh at present

Lending on peer-to-peer platforms is fraught with higher risks

Investors can earn as much as 12-36 per cent, but limiting the amount to each borrower will help contain losses

P2P players blame lending limit for rising costs

Industry players want the RBI to raise the lending limit for individual borrowers and remove it for institutional lenders

P2P platforms look for biz model restructuring to comply with RBI norms

Rs 10 lakh cap on lending is restrictive, say players

P2P lending platforms to get transparent, safer

With these platforms getting access to credit bureaus, small borrowers, who find it difficult to get loans from banks, can use them to build a credit profile

Lending on P2P platforms is risky

Possibility of 16-22% annual returns is attractive but analysts suggest caution till norms are put in place

P2P lending on growth trajectory ahead of RBI guidelines

The industry is expecting RBI to create separate category of NBFCs for P2P lending on the lines of NBFC MFIs

RBI likely to agree on nodal agency

Final guidelines expected soon; P2P players may also get access to credit bureau data

Keep P2P lending out of leverage ratio limits: Experts

Welcoming the RBI's move to bring the nascent peer-to-peer (P2P) lending under regulation, experts want the banking regulator to keep the sector out of leverage ratio limits as they are not deposit-taking entities. RBI last month released a consultation paper on P2P lending with a view to bringing the emerging activity under regulations. P2P lending -- providing loans to individuals or businesses through online services which bring together lenders and borrowers-- is a new concept in India, but it is growing globally in the countries like the UK and the US. In 2015, the UK granted USD 32 billion P2P loans, while the US saw USD 22 billion financing. "Any regulatory change makes the system more streamlined and if it is done in a constructive manner keeping in view the benefits of all stakeholders, can definitely boost the sector," Rajat Gandhi, Founder and Chief Executive Officer of Faircent, told PTI. Welcoming the move, another player 'i2ifunding' said it will weed out ...

P2P lenders chalk out aggressive expansion plan post RBI recognition

Several urban-centric P2P lenders such as Faircent and i-lend have seen a brisk growth in a very short span of time

RBI floats discussion paper on P2P lending: 5 questions answered

Business Standard explains the concept of P2P lending and its implications on the financial sector

NBFCs tie up with P2P lending firms to source customers

RBI looking to monitor sector as it's gaining momentum with several online players setting shops