There have been significant advances witnessed in the Electronic Payments space in India over the last three years. The Reserve Bank of India has drafted a vision document for electronic payments in India, an InterMinisterial Group has suggested a path breaking framework for ‘Mobile Linked No Frills Accounts’, and the UIDAI project rolls forward. These and several other macro factors […]
P2P Lending – further thoughts
Couple of days back; I posted about P2P lending and its India Feasibility – got mixed reponse from readers. I thought to bounce some more facts/findings from Deutsche Bank Research Report. Interesting to note: 1.) Less default rate for borrowers who are member of some group (remember SHG of Indian MFI industry) 2.) At present; […]