P2P Lending: Barking Up The Wrong Tree

P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it’s a recipe for disaster, warns Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com In July last year, I wrote in this column: ‘Before it is too late, the RBI should … Read more