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Rohan Saha

complicated Investor • 1y

why the RBI isn't taking any action against P2P platforms for accepting lenders' money on their own balance sheets. According to RBI guidelines, P2P platforms cannot accept money on their own balance sheet or provide rapid liquidity to any lender, yet they have been doing this for a long time, and the majority of P2P platforms have transparency concerns as well—no client record, no credit score, nothing.

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