MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending arm

News Source : The Times of India

News Summary

Shares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence.
The move marks a key step in its transition to a full-stack fintech platform, boosting growth and margin potential.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%.INR35k-cr windfall: What Hormuz crisis, rising crude mean for ONGC, OIL.

Shares of One MobiKwik Systems surged as much as 12% on Monday after the fintech firm said it has received approval from the Reserve Bank of India (RBI) to operate as a nonbanking financial company [+2629 chars]

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