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MobiKwik Systems shares jump after RBI nod for NBFC lending arm
Business
Published on 28 April 2026
RBI approval unlocks a regulated lending launch plan
MobiKwik Systems shares spiked after the RBI approved its application to operate as a Non-Banking Financial Company. The nod enables the company to launch MobiKwik Financial Services Private Limited, aimed at expanding regulated lending and rolling out new credit products. Market players see this as a major boost to its fintech platform strategy and future revenue potential.
- RBI approval lets MobiKwik operate as an NBFC
- New lending arm MobiKwik Financial Services to launch
- Plan includes regulated lending and new credit products
- Move signals stronger fintech platform ambitions
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times