&w=1200&resize=1200,0&ssl=1 "This Week in Explainers: How RCB’s victory was marred by stampede")
Fintech entry cleared: Flipkart will get RBI nod for lending licence; plans for NBFC rollout nonetheless underneath wraps
Flipkart has acquired a lending licence from the Reserve Financial institution of India, paving the way in which for direct financing to clients, although the ecommerce agency is but to reveal operational particulars.The Walmart-backed firm confirmed on Thursday that it had secured a Non-Banking Monetary Firm (NBFC) licence from the RBI, with sources indicating the…