P2P lending machine firing on all cylinders amid slackened bank loan disbursals

The bulk of the lenders filling up the rosters of prominent P2P platforms are return-hungry retail investors and traders with surplus cash flows. Low fixed-income returns prompting these high net worth individuals and family offices are writing large cheques favouring borrowers on these platforms.

from Banking/Finance-Industry-Economic Times https://ift.tt/3EbbwQM