This includes P2P lending Platform: In first of such initiatives, RBI came out with P2P regulations at a time when the industry itself was at a nascent stage of development. A ‘Peer to Peer Lending Platform’ provides an online on-tap avenue to both borrowers to avail and investor to extend mostly small ticket loans.
And this is why it is necessary that the NBS continues pursuing a highly restrictive monetary policy. 3. Fiscal policy: Everyone is perfectly clear as to what needs to be done. All projections currently under preparation as part of the 2009 budget must be as pessimistic as possible, on both the revenue and expenditure sides.