Vested Edge is facilitated via Vested’s NBFC-P2P partners, Faircent and
Lendbox. P2P lending in India is regulated by the Reserve Bank of India (RBI). NBFC P2Ps are non-banking financial companies licensed by the RBI to operate P2P lending platforms. These platforms must maintain a minimum net-owned fund and adhere to exposure limits to mitigate risks. Platforms are obligated to conduct thorough credit assessments of borrowers and disclose relevant information to lenders. Additionally, they must maintain escrow accounts to be operated by a bank-promoted trustee, follow fair practices, and have grievance redressal mechanisms in place, ensuring transparency and protecting the interests of participants.