ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and ...
Read More »India’s P2P lenders push back on proposed rules
Bloomberg India’s peer-to-peer lenders are pushing back on central bank proposals to regulate the online platforms, arguing the new rules would hamper the development of an industry in its infancy. Firms such as Lendbox and LenDenClub argue that suggested rules in a Reserve Bank of India discussion paper last month treat them like banks with their own loan books, ...
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