Feb 05, 2019 02:26 PM IST | Economy
Here's how you can invest in peer-to-peer lending
P2P lending mostly offers loans from individual investors, who are willing to offer their money on an agreed interest rate.
Individuals who like to avail loans, where they are not charged with higher interest rates or will face hurdles in availing loans from banks due to poor credit history, go for peer-to-peer lending.
Peer-to-peer platforms are recognised under the NBFC-P2P category and are under the regulation of the Reserve Bank of India (RBI), making it a safer and credible platform for both investors and borrowers.
Published Date: Jan 30th, 2019 01:31 PM | Updated Date: Feb 05, 2019 02:26 PM IST
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