Category: Finance

RBi’s Direction on Peer to Peer Lending Platforms

What is Peer to Peer Lending Plat form: Peer-to-peer lending (P2P lending) is also known as Crowd Lending. Its is a way of practice of lending money to individuals or businesses mostly through online services that match lenders with borrowers. Its basically a match…

What is Escrow Agent

Escrow Agent is a trusted third-party which holds an asset or document on behalf of a first-party for delivery to beneficiary after a specified time frame or upon the occurrence of a condition or event specified in the escrow agreement. Share…

What is an Escrow Account

An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties. Definition: An escrow account is a temporary pass through account held by a third party during the…