p2p lenders liquid funds: P2P lenders to stop ‘liquid funds’ as RBI peers into business
In a concerted attempt at self-regulation, a grouping of the country’s peer-to-peer (P2P) lending platforms has asked its members — including Liquiloans, Lendbox and Faircent — to stop offering instant withdrawal products to customers after March 31, people aware of the move said.Following the industry-level decision, Matrix Partners-backed Liquiloans has written to its business partners informing them it would pause the liquid scheme option for all new lenders.Elevate Your Tech Prowess with High-Value Skill…