Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed ...

This is the first time that the RBI has granted a large e-commerce player in the country a non-bank finance company (NBFC) ...

The NBFC license allows the company to lend money but not accept deposits. This marks the first time the central bank has ...

More than a year ago, when we unpacked Flipkart’s fintech ambitions, we never expected this new vertical to become the focal ...

Flipkart receives NBFC license from RBI, enabling direct customer lending. Walmart-backed e-commerce giant plans to leverage this for growth in India.

According to the RBI's approval letter, Flipkart submitted its application for the licence in 2022. The RBI has not yet ...

It would be interesting to see how Flipkart’s fintech play blooms as it becomes India’s first ecommerce platform with an NBFC ...

Walmart-owned Flipkart has secured a lending licence ... It is apparent that e-commerce platforms that obtain an NBFC license will gain leverage over competitors like Amazon, Myntra, and Ajio ...

Flipkart just scored a major financial industry first. The Reserve Bank of India (RBI) granted the e-commerce leader a Non-Banking Financial Company (NBFC) license. Now, Flipkart has become India's ...

Flipkart has secured a crucial NBFC licence from the Reserve Bank of India, potentially enabling the e-commerce giant to ...

Flipkart's NBFC licence from the Reserve Bank of India will allow it to offer direct loans to customers and sellers through ...