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Mobikwik wins RBI approval for NBFC licence as fintech expands its lending ambitions
Business
Published on 27 April 2026
RBI nod could reshape Mobikwik’s credit offerings fast
Mobikwik Group has received approval from the Reserve Bank of India to operate as a non-banking financial company, according to One MobiKwik Systems. The NBFC licence is a major regulatory milestone that can enable Mobikwik to broaden financial services, including credit-linked products, under RBI oversight and rules.
- Mobikwik gets RBI approval for an NBFC licence
- One MobiKwik Systems confirmed the development
- The licence can support expansion into lending and credit products
- Operations will come under RBI regulation and compliance
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times