Delhivery's Financial Services Arm Receives RBI Nod for Type II NBFC Licence

Delhivery's Financial Services Arm Receives RBI Nod for Type II NBFC Licence

• Who: Delhivery Financial Services Pvt Ltd, wholly-owned subsidiary of Delhivery Ltd, logistics firm.
• Approval: RBI approval for Certificate of Registration as Type-II NBFC-ND [Non-Banking Financial Company-Non-Deposit Taking]. Subject to submission of certain documents.
• Significance: Enable expansion of financial services for logistics ecosystem.
• Plans: Provide credit, payment solutions, FasTag aggregation, fuel cards, insurance for truckers, fleet owners.
• Incorporated: Jan 2026 as dedicated business vertical.
• About NBFC:
  • Registered under Companies Act 1956/2013, offering loans, advances, acquiring stock, equities, debts issued by govt/local authority. Regulated by RBI under RBI Act 1934.
  • Categories: NBFC-D [Deposit-taking] and NBFC-ND [Non-Deposit Taking].
  • NBFC-ND further: Type-I [no public funds, no customer interface] and Type-II [accept public funds and have customer interface].
• UPSC Relevance: GS3 - Financial Sector, Logistics, RBI regulations.