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RBI cracks whip on peer-to-peer lenders over violation of rules and misselling: Report

RBI cracks whip on peer-to-peer lenders over violation of rules and misselling: Report

Dec 06, 2023, at 07:42 am

Mumbai: The Reserve Bank of India has instructed peer-to-peer lending platforms to halt certain activities after inspections revealed violations of rules and deceptive sales practices, Reuters reported.

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