india finance loan
Regulation of P2P lending in India
<p>Regarding the legal aspects of peer-to-peer lending in India, I have two questions—</p>
<ul>
<li>Whether P2P lending in India is regulated or not?</li>
<li>If it is regulated then what are the related laws/rules and related agencies?</li>
</ul>

<p><strong>What are the related laws/rules and related agencies?</strong></p>
<p>The Peer to Peer regulations are the <em>Master Directions - Non-Banking Financial Company - Peer to Peer Lending Platform (Reserve Bank) Directions 2017</em> <a href="https://www.google.co.uk/url?sa=t&amp;source=web&amp;rct=j&amp;url=https://rbidocs.rbi.org.in/rdocs/notification/PDFs/MDP2PB9A1F7F3BDAC463EAF1EEE48A43F2F6C.PDF&amp;ved=2ahUKEwiCkpGPq_TxAhUkRUEAHfK0BeEQFjAAegQIBRAC&amp;usg=AOvVaw1dUlEkDy3g7tF9vGNsmo-l" rel="nofollow noreferrer">(<strong>pdf</strong>)</a> and is regulated by the Reserve Bank of India.</p>
<p>This <a href="https://www.mondaq.com/india/financial-services/1052480/peer-to-peer-lending-and-its-regulation-in-india-#_ftn1" rel="nofollow noreferrer">Mondaq article</a> from last year gives an overview of the above Directions and summarises the compliance requirements.</p>
