India’s growing digital economy, expanding salaried population and increasing demand for emergency credit have created a significant market for short-term personal loans.
Customers often require small loans for medical expenses, rent, utilit...
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On August 16, 2024, the Reserve Bank of India (RBI) issued a notification announcing significant revisions to the Master Direction – Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 (‘Dir...