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Flipkart to Distribute Axis Bank Personal Loans of Up to Rs. 5 Lakh Amid RBI Concerns on Unsecured Lending | Technology News

Flipkart to Distribute Axis Bank Personal Loans of Up to Rs. 5 Lakh Amid RBI Concerns on Unsecured Lending Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.

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