In P2P lending, the flow of funds is from lender to borrower and goes through a mediator in between, which normally is an online/Internet Company. So this online company matches the lender and borrower. In India, there are about 30 companies operating in P2P lending.Read More
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What NOT TO DO during Demonetization Phase
Demonetization is happening… and it’s for real. However confusing it is as the government is changing norms daily for note change. Sometimes its Rs 4K than 4.5K than changed to 2K and god knows what it will be tomorrow. Demonetization is a huge project involving 2.5 Lakhs bank branches, 3 lakhs ATMs, 1.55 Lakhs, 55Read More
Reserve Bank Of India (RBI) launch Sachet – All Grievance Mechanisms Under One Roof
You may call it a parting gift from Dr. Raghuram G Rajan, RBI just launched a very informative website- Sachet. The home page is http://www.sachet.rbi.org.in/home/index. This is a Hindi word- Sachet means “ to caution” “ to inform”- A proactive kind of word. If you ask me, this is what we as an investor andRead More
RBI Repo Rate Cut: The Good, Bad and Worst
Dr Raghuram Rajan remind me of Harvey Specter from Suits… Not only both look dashing in their suits but also share similar trait of… Surprising the surroundings. So last week when Dr Rajan decreased the Repo Rate by 50 bps (.5% as 100 bps =1%) which was more than anticipated and asked, he was calledRead More