Company updateCNBC-TV18
Mufin Green Finance gets RBI forex licence
Positive+394 sources
GreyOak summary
Mufin Green Finance received an AD-II licence from the RBI to offer forex and remittance services. This capital-light vertical aims to diversify revenue and reduce reliance on net interest income. The NBFC reported a net profit of Rs 15 crore in Q2 FY27.
What it affects
- Mufin Green FinanceMUFINPositive +39
Received RBI AD-II licence for forex services.Rolling sentiment Positive +31
- RBI regulationPositive +39
Rolling sentiment Positive +36
Source
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