Fintech entry cleared: Flipkart gets RBI nod for lending licence;...

Fintech entry cleared: Flipkart gets RBI nod for lending licence; plans for NBFC rollout still under wraps

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Flipkart has secured a crucial NBFC licence from the Reserve Bank of India, potentially enabling the e-commerce giant to offer direct financing options like EMIs to its customers. While operational details remain undisclosed, sources suggest the approval came in March.

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