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Live Mint: Peer-to-peer lenders are now NBFCs This development means that P2P companies are now recognized by the Reserve Bank of India The Reserve Bank of India (RBI) said, through an 18 September gazette notification, that peer-to-peer lenders (P2P)-companies that provide loan facilitation services from their platform-will be treated as non-banking financial companies (NBFCs). You can read the notification here. While the regulator's detailed guidelines for this sector are still pending, this development means that P2P companies are now recognised by the banking regulator. You may have come across various P2P lenders that claim to give very high returns. Let us first understand what exactly is P2P lending and how it works.

Monexo is Peer to Peer (P2P) online money lending company in India which provides instant personal loans & business loans with low interest & high returns.

Peer to peer lending in India is becoming popular among those looking for newer investment avenues. As compared to the stock market or real estate, it offers balanced risk and returns. Basically, you can become a personal loan lender through peer to peer lending. There are several online peer to peer lending platforms such as LenDenClub, where you can lend money online.