RBI hikes aggregate lending limit to Rs 50 lakh for P2P lenders

At present, the aggregate limits for both borrowers and lenders across all P2P platforms stand at Rs 10 lakh, whereas exposure of a single lender to a single borrower is capped at Rs 50,000 across all NBFC-P2P platforms.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2rWcYGH