New Delhi, June 5 -- Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday.

The nod came in March this year, according to sources.

When contacted about the grant of the NBFC licence, Flipkart confirmed the development but did not divulge any details.

The move could pave the way for Flipkart to offer loans directly to customers, sources said noting the specific instances in which the customers at times choose the EMI model or instalment mode to pay for products they choose.

However, the company's specific plans on this, now with the NBFC licence, could not be immediately ascertained.

Walmart currently holds over 80 per cent stake in Flipkart. It had bou...