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, 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.

Flipkart secures NBFC license from RBI—becomes first Indian e-comm player to offer direct lending. Story by Livemint • 1w. F lipkart has received a lending licence from the Reserve Bank of ...

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 ...

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's so-called cardless credit programme will give shoppers access to an instant credit line of up to ₹60,000. ... may apply for NBFC license. More Less ...

Enabling the company the facility to offer loans directly to customers and sellers on its platform, Flipkart, an ecommerce firm, has secured a lending license from the Reserve Bank of India (RBI ...