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· 1dFlipkart Secures RBI’s NBFC Licence To Offer Direct Loans To Buyers And Sellers
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 collaborates with financial institutions like Axis Bank and IDFC First Bank to offer consumer loans.
· 1dWalmart-owned Flipkart secures NBFC licence from RBI
Flipkart has become the first e-commerce company to be given a Non-Banking Financial Company (NBFC) licence by the Reserve Bank of India (RBI), a spokesperson for the Walmart-owned company confirmed to Fortune India. Its entity, Flipkart Finance Private Limited, secured the RBI’s nod and was registered as an NBFC on March 13.
RBI cuts qualifying asset threshold for NBFC-MFIs to 60%, enabling portfolio diversification. New norm aligns with ...
1don MSN
Bajaj Finance shares saw a surge following the Reserve Bank of India's repo rate cut. The rate reduction is expected to ...
Capital Trust Limited, a leading Non-Banking Financial Company focused on servicing the MSME sector in rural and semi-urban ...
After the announcement of RBI repo rate cut, here are the recommendations from top brokerages on Shriram Finance and Bajaj ...
Motilal Oswal sets Rs 800 price target for Shriram Finance; see 23% gain potential. Learn why it's their top NBFC pick!
The company has informed exchanges that its committee of directors has approved the preferential conversion of 12 lakh ...
If you're someone who prefers stability in returns without riding the highs and lows of the market, Fixed Deposits (FDs) have ...
Reserve Bank of India (RBI) has imposed penalties totalling Rs6 lakh on three cooperative banks and one non-banking financial ...
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