
RBI did not hold internal meetings, consultations with industry players before finalising August 16 P2P circular: RTI
The Reserve Bank of India (RBI) did not hold specific meetings internally or consult with any non-banking finance companies- peer-to-peer (NBFC-P2P) lending platforms before issuing the August 16 circular that led to a sharp fall in P2P industry’s overall assets, according to a Right to Information (RTI) application response given by the regulator. businesslinehas seen...
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