Flipkart, where U.S. retail giant Walmart holds more than an 80% stake, applied for the license in 2022, according to the central bank’s approval letter. Related articles Robinhood stock edges ...

Bengaluru, June 6 -- 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, 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 NBFC license to Flipkart Finance Pvt. allows the company to lend money but not accept deposits. ... An NBFC license will let the Walmart-owned firm to offer credit to customers directly, ...

Flipkart Secures RBI’s Approval For Direct Lending: Report. BW Online Bureau Jun 05, 2025 ... (NBFC) license. This allows the company to lend but not take deposits. ...

Flipkart secures NBFC license from RBI—becomes first Indian e-comm player to offer direct lending. Story by Livemint • 3d. F lipkart has received a lending licence from the Reserve Bank of ...

Ecommerce firm Flipkart has secured non-bank financial company (NBFC) licence from the Reserve Bank of India. This will enable the company to offer loans directly to consumers and sellers on its ...

This approval has not been reported previously. Flipkart, where U.S. retail giant Walmart holds more than an 80% stake, applied for the license in 2022, according to the central bank’s approval letter ...

This approval has not been reported previously. Flipkart, where U.S. retail giant Walmart holds more than an 80% stake, applied for the license in 2022, according to the central bank’s approval letter ...