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.

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 central bank issued its certificate of registration - a document that officially recognizes a company as an NBFC - to Flipkart Finance Private Limited on March 13. A final decision on the ...

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 ...

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

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