Mumbai: The Reserve Bank of India (RBI) will soon come out with a concept paper on peer-to-peer (P2P) lending, and will hold consultations with capital markets regulator Securities and Exchange Board of India (Sebi) before finalizing the rules, deputy governor R. Gandhi said on Monday.
“A concept note on P2P lending will be put up on the RBI website for public comments shortly,” Gandhi said at a non-banking finance company (NBFC) event organized here by an industry body. Based on the feedback, the contours of P2P lending will be decided in consultation with the Sebi, he said.