RBI further updates Master Directions on Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017

Mar 01, 2018 | by Avantis RegTech Legal Research Team

The Reserve Bank of India has further updated Master Direction on Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017.

These Directions shall apply to every Non-Banking Financial Company- Peer to Peer Lending Platform (NBFC-P2P). Peer to Peer Lending Platform means an intermediary providing the services of loan facilitation via online medium or otherwise, to the participants. These Directions provide a framework for the registration and operation of NBFC-P2Ps in India.

[RBI/DNBR/2017-18/57 Master Direction DNBR (PD) 090/ 03.10.124/ 2017-18]

URL: https://rbidocs.rbi.org.in/rdocs/notification/PDFs/MDP2PB9A1F7F3BDAC463EAF1EEE48A43F2F6C.PDF


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