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This marks a major shift in India’s digital lending landscape, as Flipkart will now be able to offer loans directly to its customers—a first for an Indian online marketplace.
we never expected this new vertical to become the focal point for Flipkart. But now, with an NBFC licence, the ecommerce giant is about to enter a new era. This is not just about enabling loans ...
Flipkart has successfully secured a Non-Banking Financial Company (NBFC) license from the Reserve Bank of India (RBI), allowing it to facilitate lending business independently. This license allows ...
In a major step that could redefine how e-commerce and financial services converge in India, Flipkart has secured a coveted Non-Banking Financial Company (NBFC) license from the Reserve Bank of India ...
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Trade Brains on MSNFlipkart Makes History as First Indian E-Commerce Giant to Land RBI Banking LicenceFlipkart 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 ...
New Delhi: Flipkart has obtained a non-banking financial company (NBFC) licence from the Reserve Bank of India (RBI), a move that will allow the e-commerce platform to extend loans directly to its ...
Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India, enabling it to directly offer loans to customers and sellers. This marks the first ...
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.
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 ...
When contacted about the grant of the NBFC licence, Flipkart confirmed the development but did not divulge any details. The move could pave the way for Flipkart to offer loans directly to ...
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