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

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

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 ...

Shares in retail giant Walmart (WMT) fell today as its Indian e-commerce arm Flipkart secured a lending license from the nation’s banking regulator. The green light from the Reserve Bank of India and ...

Flipkart has obtained a non-banking finance company (NBFC) licence from the Reserve Bank of India, allowing it to issue loans ...

Walmart-owned Flipkart has secured regulatory approval from the Reserve Bank of India to operate as a non-bank finance company (NBFC), allowing it to offer loans directly to customers and sellers.

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

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

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

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

State-owned Central Bank of India received regulatory approval last year to acquire an around 25% stake in both Future Generali India Life and its non-life insurance counterpart Future Generali India ...