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Post on Medial

Aamil Naushad

Stealth • 8m

Discuss: Pros and Cons of P2P Lending in India. Would you try it if it was not strictly regulated by the RBI?

Anonymous 1

Stealth • 8m

P2P has been in India since forever, but we never standardized it ,. already there's a lot of exploitation in informal p2p lending which happens in india currently, our people will get exploit. Since I can assume only farmers mostly taking loan. Frauds will come to India. They will expolit our people, I don't think P2P should come to India as it cons can destroy a lot of people. Though there will be a lot of advantages to it but still for now India is not ready for it. Our few people are innocent.

0 replies1 like

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