MobiKwik Financial Services Private Ltd will be launched soon.

MobiKwik Financial Services Private Ltd will be launched soon.
| Photo Credit: Reuters

One MobiKwik Systems Ltd said the Reserve Bank of India (RBI) has approved the Group’s application for a Non-Banking Financial Company (NBFC) license.

This will enable the launch of a new lending division— MobiKwik Financial Services Private Ltd (MFSPL, a wholly owned subsidiary), which will help expand its regulated lending capabilities.


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