Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer ...

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer ...

Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India, enabling it ...

The central bank issued its certificate of registration - a document that officially recognises a company as an NBFC - to ...

Flipkart has become the first e-commerce company to be given a Non-Banking Financial Company (NBFC) licence by the Reserve ...

In a first-of-its-kind move, Flipkart has been granted a lending licence by the Reserve Bank of India, enabling it to ...

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. The Reserve Bank of India did not ...

Flipkart, last valued at USD 37 billion in 2024 when it raised USD 1 billion in a funding round led by Walmart, is shifting its holding company from Singapore to India. Walmart also aims to take ...