In India, the LCR will be introduced in a phased manner starting with a minimum requirement of 60 per cent from January 1, 2015 and reaching minimum 100 per cent on January 1, 2019.
Further, Government securities in excess of minimum SLR requirements  4  4  P2P lending also referred to as “social investing”, “marketplace lending” or “direct consumer lending” is the practice of borrowing and lending of money among unrelated individuals and business entities, on the online platforms, without any role of a traditional financial intermediary like a bank or a non-banking financial institution.