Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to ...

Walmart-owned Flipkart had applied for the licence in 2022 and it is said that the company might start its lending operation soon.

Now, Flipkart has become India's first major online marketplace to secure direct lending rights. This landmark approval fundamentally changes its financial services game.

Flipkart to begin direct lending with NBFC license from RBI The move could pave the way for Flipkart to offer loans directly to customers.

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, a spokesperson ...

As Flipkart prepares to roll out its direct lending services, this development signifies a broader shift in how e-commerce companies in India are leveraging financial licences to expand their ...