Kartik L Jain

🚨 Big Changes in P2P Lending! 🚨   It’s been almost 2 weeks since the RBI's latest guidelines have shaken up the P2P lending landscape, pushing platforms to rethink their game. The days of credit guarantees and sluggish fund transfers are gone. As the rules tighten, 🏦 transparency and compliance are taking center stage—transforming the way lenders and borrowers interact. I am presenting some important takeaways from the guidelines: 1️⃣ Prohibition of Credit Guarantees:  🛑 Risk completely belongs to the P2P Lenders: NBFC-P2P platforms are now prohibited from offering credit guarantees or enhancements, ensuring P2P lenders bear the full credit risk. This increases transparency and ensures a realistic assessment of borrowers' creditworthiness. 💼 2️⃣ Stricter Fund Transfer Rules: ⏳ T+1 Fund Settlement: P2P platforms must transfer funds from lenders to borrowers and vice versa within one business day (T+1). This reduces delays, making the process more efficient and ensuring quicker loan disbursements and returns for lenders. 💸 3️⃣ Caps on Lending Amounts:   📊 Lending Limits: Lenders are capped at a cumulative lending limit of ₹50 lakh across all P2P platforms. Lenders wishing to lend over ₹10 lakh must provide a net worth certificate confirming a minimum net worth of ₹50 lakh. Borrowers can borrow a maximum of ₹10 lakh across all P2P platforms. 💳 4️⃣ Restrictions on Cross-Selling: 🔒 Focus on Core Lending: P2P platforms can no longer cross-sell products, except for loan-specific insurance. 🚫 5️⃣ Enhanced Transparency Through Disclosures:   📅 Monthly NPA and Portfolio Performance Reporting: P2P platforms must now disclose portfolio performance, including non-performing assets (NPAs) and delinquencies, on a monthly basis. This allows lenders to better assess risks and make more informed decisions. 🧾📊 6️⃣ Revised Fee Structures:   💵 Fixed Fee Structure: P2P platforms can charge fees either as a fixed amount or a fixed percentage of the principal, with fees no longer contingent on loan performance. This makes the fee structure more predictable and fair for both lenders and borrowers. ⚖️ 💡 RBI's Intent Behind Regulations:  The Indian P2P lending market is valued at approximately ₹8,000-10,000 crore, with around 25 active P2P platforms registered as NBFCs with the RBI. With the ever-growing demand for credit in the past 3-4 years, 📈 RBI wants to create a more secure 🔐 and transparent P2P lending environment in India to avoid any future mishaps and safeguard P2P lenders. The updated guidelines aim to promote transparency, accountability, and fairness in the P2P lending space. While these changes may create operational challenges for platforms, they are expected to ensure long-term growth, stability, and trust in the P2P lending ecosystem. 🌱🛡️ Will post next on the mitigation strategy. Let me know your thoughts/strategies on the new P2P Lending Guidelines in the comments.💬

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In this video, Mr. Chirag Muni, Director at Anand Rathi Wealth Ltd, shares insights on “Key Reasons Behind AR Model Portfolio’s 45% Returns.” Please click on the link below to watch this short, informative video: https://lnkd.in/d9AKsPEW

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Govt business is the best business , govt is 40-50% partner in each enterprise even if you make loss as start up and Private business ! NCPI, CSC, are most profitable organisations , while they are tasked to do financial inclusion, imagine VC funded and listed companies payment companesies are not allowed to make money out of UPI and UPI brings profits to govt ! Debatable .. which is public and which is private for profit business ?

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Navi Finserv Raises Rs 150 Cr via NCDs 🌟💼 #NaviFinserv #Finance #Investment #Growth #Fintech #Funding #Growth #Strategy #Markets #India #Believeindia To read more in detail, click below: 👇 https://lnkd.in/g8idyYeW

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PB FINTECH LIMITED's revenue dipped 7.3% QoQ to ₹1,010 crore in Q1 FY25, down from ₹1,090 crore in the previous quarter. Despite the QoQ decline, the company saw a significant YoY revenue increase of 51.8% from ₹665.6 crore in Q1 FY24. Profit held steady at ₹60 crore for Q1 FY25, reversing last year’s ₹12 crore loss. Employee benefits cost rose by 3.4% to ₹455 crore. 

RBI has been miles ahead of most of the Reserve Banks of even the developed economy as far as adoption of technology is concerned. RBI has simplified and significantly reduce the operation costs of clearing with the launch of Real Time Settlement (RTGS) in 2004. Followed by instant transfer of funds through IMPS in 2005. Now RBI has initiated a major improvement with the facility of being able to identifying the beneficiaries name before making the electronic transfer, thereby eliminating a major concern of having inputed the correct beneficiary account number. 👍 https://lnkd.in/gJPXKN3i Reserve Bank of India (RBI), Indian Ministry of Finance, #rtgs #imps #funds transfer

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Following SEBI Front-running Probe, Quant Mutual Fund Net Equity Outflow at Rs 1,398 crore In a call with investors, Sandeep Tandon's Quant Mutual Fund reported net equity outflows of Rs 1,398 crore since SEBI launched its front-running investigation into India's fastest-growing fund firm. News: https://lnkd.in/ggpcdRGr Securities and Exchange Board of India (SEBI) Sandeep Tandon, the founder and CIO, quant Mutual Fund #MutualFund #investigation #marketregulator #SEBI #financeoutlookindia

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Unexpected answers to unexpected questions! 🫢 See what happens when we Flip the Hot Seat with the link below👇 https://lnkd.in/dTNPzNhd #Leadership #Mentors #LifeatPiramalFinance #PiramalFinance 

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Catch Rahul Jain, President and Head, Nuvama Wealth live on CNBC’s MF Corner! Discover why a streamlined mutual fund portfolio can boost your investment strategy and how to align it perfectly with your financial goals. Watch the full Interview: https://lnkd.in/dJexs7Fb . . #nuvamawealth #mutualfunds #portfolio #InTheNews

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The Money Show | How do you assess which is right for your portfolio? Financing is personal, and it can get confusing Pankaj Mathpal helps our viewers navigate the criteria for choosing the right fund Kavita Thapliyal | Pankaj Mathpal, CFP®, CWM®

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https://lnkd.in/girNavcv n this insightful video, join Naha, Aniruddha- Chief Investment Officer of PGIM India Mutual Fund PMS & AIF business, as they delve into the strategic use of leverage in Alternative Investment Funds (AIFs). Whether you are an investor looking to understand the nuances of leveraging or a financial professional seeking deeper insights, this video provides valuable knowledge and practical perspectives on the strategic role of leverage in AIFs. Don't forget to like, share, and subscribe for more expert insights on investment strategies! #investmentmanager #AIF #PGIMalternate #pms Aditya Prabhu Kiran Joshi Abhijeet Sharma Uday Koppalkar Sri Chakri Prakash Mandavilli Ganesh P N

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Listen to this insightful conversation where Vinay Paharia and Vivek Sharma explain our investment strategy and advice investors on how to tread the current market. Vinay Paharia : Investors should be very careful to not extrapolate past trends while engaging in investing, especially in current market environment. Pavlovian conditioning of investors ensures that every dip gets bought into. However, the results of such investing activity may not produce the desired outcomes, especially if held for short to medium term. Vivek Sharma : The markets have seen correction in mid and small cap space, where there is excess exuberance and valuations were unsustainable. Markets seem to have assigned high valuations to cyclical and slow growing companies and now there is some reality check. Further correction in pockets where earnings are not sustainable is not ruled out. Our philosophy of investing in high quality and high growth companies with focus on valuations will serve us well in the long run. Advisorkhoj.com Suren Kochhar

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#RBL Launches PRAVAAH, RBI Retail Direct Mobile Application and FinTech Repository 👇 Shri Shaktikanta Das, Governor, Reserve Bank of India today launched three major initiatives of the Reserve Bank of India, namely the PRAVAAH portal, the Retail Direct Mobile App and a FinTech Repository in the presence of other delegates. RBI has introduced these 3 innovative tools to streamline regulatory processes, make investments easier, and better understand the FinTech sector. 1️⃣ PRAVAAH Portal: The #PRAVAAH portal (Platform for Regulatory Application, VAlidation, and AutHorisation) allows individuals and businesses to apply online for various regulatory approvals. Key features include: - Online application submission - Status tracking and monitoring - Responding to RBI queries - Receiving decisions promptly Currently, 60 application forms are available, with more to be added as needed. Access the portal at - 🔗 https://pravaah.rbi.org.in 2️⃣ Retail Direct Mobile App: Launched in November 2021, the #RetailDirect portal helps retail investors buy and sell government securities (G-Secs). Now, with the new mobile app, investors can easily transact in G-Secs on their smartphones. Download the app from the Play Store for Android or the App Store for iOS. 3️⃣ FinTech Repository: The FinTech Repository gathers essential information about the Indian FinTech sector, aiding in policy development and industry understanding. It also includes the EmTech Repository for banks and NBFCs to track emerging technologies like AI, ML, and blockchain. Visit below links to explore these resources. 🔗 https://lnkd.in/dHseTpBT 🔗 https://lnkd.in/dY89jY-m These initiatives by RBI aim to enhance efficiency, provide ease of access, and foster innovation in the financial sector. Reserve Bank Innovation Hub (RBIH) National Payments Corporation Of India (NPCI) Reserve Bank of India (RBI) #pareshmashete Follow Paresh

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How and where can HNI's invest INR 1 crore in Mutual Funds? Naresh Bulchandani, CFA, CAIA, Head of Products and Advisory and Merisis Wealth writes for The Economic Times. Read the full article below. If you are an investor looking to rebalance your portfolio, DM us or book your Portfolio Review with an expert on https://lnkd.in/gQbXuEaJ #HNI #MutualFunds #PersonalFinance #Wealthmanagement

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P2P lending: RBI's new guidelines may hit investments, growth, but bring transparency The P2P lending sector, including prominent platforms such as LenDenClub, Liquiloans, Lendbox, Faircent, and Finzy, will need to adapt to these changes while maintaining focus on core lending functions. #P2PLending #RBIRegulations #InvestmentImpact #GrowthChallenges #FinancialTransparency #LenDenClub #Liquiloans #Lendbox #Faircent #Finzy #FintechNews #ETBFSI #BFSI https://lnkd.in/g9_9_95T

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Bank credit growth to stay healthy, but slip 200 bps to 14%, says Crisil Retail segment to grow fastest, corporate to hold steady, MSME to slow on a high base. #Banking #CreditGrowth #Crisil #MSME https://lnkd.in/grkQNv9a

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