RegulatoryEconomic Times
RBI imposes Rs 9 lakh penalty on Mobikwik
Negative-662 sources
GreyOak summary
The Reserve Bank of India imposed a penalty of Rs 9 lakh on One Mobikwik Systems for non-compliance with regulatory norms. The central bank cited failures in reporting frauds and allowing fund transfers beyond prescribed limits during an inspection covering June 2025 to March 2026.
What it affects
- RBI regulationNegative -66
Penalty for non-compliance with normsRolling sentiment Positive +32
- One Mobikwik SystemsMOBIKWIKNegative -66
Rolling sentiment Negative -37
Source
Read the original at Economic TimesMore One Mobikwik Systems news
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