EconomyMonday, 27 April 2026·Reserve Bank of India
RBI Grants NBFC Licence to MobiKwik
The RBI approved MobiKwik's wholly-owned NBFC subsidiary, MobiKwik Financial Services Pvt Ltd, to offer secured and unsecured lending focused on Tier-2 and Tier-3 cities.
Key highlights
- Subsidiary: MobiKwik Financial Services Pvt Ltd.
- Focus: financial inclusion in Tier-2/3 cities and MSMEs.