The P2P Lending Market in China: A Parable for Indian Policymakers – Part 2
In the first post of this two-part series, we tracked the explosive rise of the P2P lending market in China, which took place in the absence of any regulations.
In the first post of this two-part series, we tracked the explosive rise of the P2P lending market in China, which took place in the absence of any regulations.
Since 2011, China’s P2P lending market has witnessed unprecedented growth. However, numerous high profile platform failures prompted the Chinese authorities to come out with a host of regulations at…
The past year has seen many commentaries on the rapid expansion of microfinance in India warning of the imminent consequences of unbalanced growth.
In December 2014, the Reserve Bank of India published the Charter of Customer Rights as a commitment to protecting the interests of consumers of financial services.