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RBI may loosen Rs 10 lakh P2P lending cap as players await data

Business
Published on 24 April 2026
RBI may loosen Rs 10 lakh P2P lending cap as players await data

Comprehensive RBI data could rewrite the Rs 10 lakh cap

Peer-to-peer lending firms are watching closely as the RBI seeks comprehensive financial data from P2P players. Industry participants believe the move could set up major policy changes, including a possible revision of the current Rs 10 lakh lending cap. The regulator’s data request signals a deeper review that may reshape how P2P platforms operate going forward.

  • RBI is collecting comprehensive financial data from P2P firms
  • P2P players expect policy moves could follow the data review
  • Possible revision of the Rs 10 lakh lending cap is in focus
  • The sector hopes reforms will clarify future lending rules
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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