Embedded below is the consultation paper crafted by the Reserve Bank of India (RBI) in anticipation of creating a regulatory regime for peer to peer lending. The document sets out to review the various legal frameworks in place around the world for peer to peer… Read More
In the first bi-monthly Monetary Policy Statement, 2016-17 Dr. Raghuram G. Rajan, Governor of the Reserve Bank of India, stated that a conceptual document will be posted on their website by the end of the month. According to the statement from last week; Peer to Peer… Read More
Moody’s Investors Service avers that the development of domestic securitization markets will help India and China achieve their common goal of building inclusive financial systems that will ultimately bring affordable credit to the underprivileged segments of their societies and which are usually excluded from the conventional banking… Read More
Like the rest of the world, India is moving forward with new forms of finance. Last month, the Securities and Exchange Board of India stated it would reveal crowdfunding norms “soon”. Now at a conference taking place in Mumbai, R. Gandhi, deputy governor of the Reserve Bank of… Read More
Speaking at the annual FBIC Conference that is taking place this week in Mumbai, SS Mundra, Deputy Governor of the Reserve Bank of India, called for more regulation in the burgeoning online finance space – including crowdfunding and peer to peer lending. “Crowdsourcing and peer… Read More
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