Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed ...

This is the first time that the RBI has granted a large e-commerce player in the country a non-bank finance company (NBFC) ...

Flipkart receives NBFC license from RBI, enabling direct customer lending. Walmart-backed e-commerce giant plans to leverage this for growth in India.

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 ...