Branch² Intelligence
Delhivery's financial services arm receives RBI nod for Type II NBFC licence
Key takeaway
Delhivery Financial Services gets RBI nod for Type II NBFC licence, enabling lending and credit products.
- Step 1RBI grants Type II NBFC licence to Delhivery Financial Services.
- Step 2Delhivery launches lending products (working capital, supply chain finance) for its SME clients.
- Step 3SME clients gain easier access to credit, reducing their reliance on traditional bank loans and improving cash flow.
- Step 4Competing logistics firms without NBFC arms face competitive disadvantage; banks see disintermediation in logistics lending.
Source: CNBC TV18 (Markets)
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