Peer-to-peer (P2P) lending is the practice of lending money to individuals or businesses through online services that match lenders with borrowers
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
The RBI mandates that an investor can lend up to Rs 1 million across all P2P lending platforms