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News Analysis | India may rightly be following China on P2P lending
In 2018, when the Chinese regulator clamped down on the P2P model, many businesses shut shop in a matter of months. Industry observers say norms introduced by the RBI recently may result in a similar situation in India.
In 2018, when the Chinese regulator clamped down on the P2P model, many businesses shut shop in a matter of months. Industry observers say norms introduced by the RBI recently may result in a similar situation in India.
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