Flipkart Becomes a Lender: What RBI’s NBFC Approval Means for Customers, Vendors & India’s E-commerce Future

India’s digital commerce landscape just witnessed a landmark development — Flipkart, one of the country’s largest e-commerce giants, has received approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). This pivotal move allows Flipkart to lend directly to customers and vendors on its platform, transforming it from a […]