Peer-to-Peer Lending Subject – Economy Context – Fintech platform CRED has launched a peer-to-peer lending feature called CRED Mint. Concept – P2P lending is a form of crowdfunding; an online platform that matches lenders with borrowers in order to provide unsecured loans. The borrower can either be an individual or a business requiring a […]

    PEER TO PEER LENDING Subject: Economics Context: Bank deposit rates have eased, and fixed income mutual fund running yields (portfolio YTMs) are much lower than earlier. In this situation, investors looking for relatively higher returns can eye an avenue known as peer-to-peer (P2P) lending. Concept: Peer to Peer Lending According to the RBI […]