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Flipkart becomes the first Indian e-commerce firm to get RBI’s NBFC licence, enabling it to offer direct lending services to customers and sellers, boosting its fintech presence.
Flipkart Finance Private Limited received its registration certificate in March 2025, making Flipkart the first major Indian e-commerce firm to gain such authorization. Currently, Flipkart ...
Walmart's Flipkart has secured a non-bank finance company license from India's central bank, enabling it to independently offer loans to its customers and sellers.
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 ...
However, Flipkart became the first to secure the ... It is apparent that e-commerce platforms that obtain an NBFC license will gain leverage over competitors like Amazon, Myntra, and Ajio by ...
The nod came in March this year, according to sources. When contacted about the grant of the NBFC licence, Flipkart confirmed the development but did not divulge any details. The move could pave ...
The license has been granted to Flipkart Finance Pvt., a company spokesperson said. The NBFC license allows the company to lend money but not accept deposits. This marks the first time the central ...
This marks the first time that the RBI has granted a non-bank finance company (NBFC) license to a large e-commerce player in India. The license allows Flipkart to lend money, but not accept deposits.
E-commerce major Flipkart has secured a lending licence ... This is the first time that the central bank has given a NBFC license to an e-commerce major to allow it to lend. Currently, it offers ...