RBI decided to revise and extant risk management guidelines on liquidity to strengthen NBFCs
Some remedial measures such as Partial Credit Guarantee scheme was announced by the government
Guidelines also mentioned that the pool of assets should have a minimum rating of 'AA' or equivalent at fair value
Satyam Kumar, Co-founder & CEO, LoanTap in an interview with Aparajita Gupta
People in the eastern part of the country is still hesitant to take a big ticket loan.
Peer-2-Peer Lending or P2P Lending is a relatively new alternative asset class growing globally.