31-year-old Arpit Sabharwal, a Mumbai-based businessman, and lender on P2P platform Faircent. Arpit’s portfolio stands at ₹4 lakh and returns have been around 17 to 19 per cent. He is now re-allocating some of his mutual fund portfolio to the peer-to-peer lending platform.

At a time when banks have tightened their purse strings, thanks to mounting bad loans, peer-to-peer lending platforms are witnessing steady traction.

Read the full story at https://www.thehindubusinessline.com/money-and-banking/p2p-lending-platforms-pick-up-steam/article24203240.ece