P2P lending regulation guidelines

• The Reserve Bank of India (RBI) has issued amended guidelines for Peer-to-Peer (P2P) lending platforms, aiming to enhance transparency and curb irregular practices.
• The new rules prohibit NBFC-P2P entities from assuming credit risk, ...

https://m.economictimes.com/tech/startups/p2p-lenders-to-stop-liquid-funds-as-rbi-peers-into-business/articleshow/108686922.cms

https://twitter.com/ravihanda/status/1771021456287088858

I have put lots of my liquid money into P2P lending and get 1k daily from cred mint, mobikwik xtra and 12%.

Reason- My bank pays interest which hardly can beat inflation.

Question - Where should I park my liquid money ?

PS - Markets ...

RBI cracking down on P2P credit card payments. Do you think the move was justified?