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Indonesian P2P lenders face fresh challenges as OJK tightens interest rate rules

Indonesian P2P lenders face fresh challenges as OJK tightens interest rate rules

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Indonesia’s P2P lending industry, which is already reeling under the meltdown of prominent players such as Investree and Tanihub, is staring at a new crisis with the Financial Services Authority (OJK) imposing stricter lending rate caps.

Edited by: Joymitra Rai

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