With P2P lending hitting high in industry, banks should jump faster to tae advantage this- innovative ideas flexi loans and flexi deposits - letting lender-customers and borrower-customers decide the interest rates and terms -
banks can make more money thorugh documents, fees, faciliating mobie and card payments and enable lending as an aggregator.
banks get increased revenues, fees, additional lines of services, with increased bonding between their customers! follow the virgin's way and make it more innovative