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P2Ps see rising customer interest ahead of T+1 deadline on November 14
Update / Judgement Date
03 Nov 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Peer-to-peer (P2P) lending platforms in India are experiencing rising customer interest ahead of the T+1 settlement deadline on November 14. The new regulation, which shortens the settlement cycle for securities transactions, is expected to enhance liquidity and reduce risks for investors. P2P platforms are preparing for increased activity as investors seek alternative investment options with quicker returns. The growing interest in P2P lending reflects the broader trend of digital financial services gaining traction in India, driven by regulatory changes and technological advancements.