Market research & Consulting- NewAge

  The increasing number of mobile phones and rising internet penetration drive India Peer to Peer lending market.  According to TechSci Research report,  “India Peer to Peer Lending Market By Business Model, By End User, By Region, By Company, Competition, Forecast & Opportunities, 2024,”  the India Peer to Peer Lending market is expected to grow at a CAGR of around 12% during the forecast period on account of an increasing number of small businesses looking for financial alternatives to fund their projects. Important Elements of India Peer to Peer Lending Market Additionally, strict credit policies followed by the banks are driving customers to shift towards alternatives such as peer to peer lending. However, the availability of lower loan amounts and lesser security than banks can hamper the growth of the market during the forecast period. There is increasing pressure on banks to lower their interest rates owing to the ongoing battle of securing a lar...

  An increasing number of mobile phones and rising internet penetration to drive India Peer to Peer lending market According to TechSci Research report,  “ India Peer to Peer Lending Market  By Business Model, By End User, By Region, By Company, Competition, Forecast & Opportunities, 2024,”  the India Peer to Peer Lending market is expected to grow at a CAGR of around 12% during the forecast period on account of an increasing number of small businesses looking for financial alternatives to fund their projects. Additionally, strict credit policies followed by the banks are driving customers to shift towards alternatives such as peer-to-peer lending. However, the availability of lower loan amounts and lesser security than banks can hamper the growth of the market during the forecast period. There is increasing pressure on banks to lower their interest rates owing to the ongoing battle of securing a larger market share. Consequently, the future of the market co...