peer-to-peer lenders

The Reserve Bank of India has been intensifying its scrutiny of rapidly-growing consumer finance services, including P2P lending, to prevent systemic risks and protect consumer interest.

India cenbank tightens rules for peer-to-peer lending platforms

India’s central bank on Friday (Aug 16) tightened norms for peer-to-peer (P2P) lending platforms as some of these entities have violated regulations.

2024-08-16T13:58:38.000Z

Indonesia had around 150 registered P2P lenders before President Joko Widodo ordered last October a moratorium on permits for fintech lenders to clean up the sector.

Asean Business

Indonesia seeks to crack down on ‘unhealthy’ peer-to-peer lenders

INDONESIA has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a booming online lending se...

2022-07-22T09:52:50.000Z

International

China lays down the law on online lenders, vows to 'cleanse' market

Online platforms should not take deposits, pool investors' money, or guarantee returns, regulator says

2015-12-28T13:50:00.000Z

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