Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer ...

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer ...

Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India, enabling it ...

The central bank issued its certificate of registration - a document that officially recognises a company as an NBFC - to ...

Flipkart has become the first e-commerce company to be given a Non-Banking Financial Company (NBFC) licence by the Reserve ...

This marks a major shift in India’s digital lending landscape, as Flipkart will now be able to offer loans directly to its ...

Flipkart, last valued at $37 billion in 2024 when it raised $1 billion in a funding round led by Walmart, is shifting its ...

In a first-of-its-kind move, Flipkart has been granted a lending licence by the Reserve Bank of India, enabling it to ...

Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter. The Reserve Bank of India did not ...