Walmart's (WMT.N), opens new tab 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 ...

In a first-of-its-kind move, Flipkart has been granted a lending licence by the Reserve Bank of India, enabling it to directly finance buyers and sellers on its platform—bypassing traditional banks ...

Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to provide loans directly to its customers and sellers. This development marks ...

US-based retail giant Walmart is working with suppliers in India to meet its target of sourcing USD 10-billion goods from ...

(Reuters) -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 ...

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.

Walmart Flipkart: Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India, enabling it to directly offer loans to customers and sellers.

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 ...

(Reuters) -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 ...

Flipkart, last valued at $37 billion in 2024 when it raised $1 billion in a funding round led by Walmart, is shifting its holding company from Singapore to India. Walmart also aims to take the 17 ...

Walmart also aims to take the 17-year-old company public. Walmart bought a controlling stake in Flipkart in 2018, which also gave it ownership of PhonePe, a fintech firm also preparing for an IPO.