MobiKwik bags RBI in-principle PA-Physical nod, stock jumps 8%
MobiKwik shares surged nearly 8% to Rs 205.60 after RBI granted in-principle approval for its Physical Payment Aggregator license. The clearance lets MobiKwik scale offline merchant payments across kirana, fuel outlets and organised retail, targeting 10x growth on its 4.9 million merchant base by FY28.
MobiKwik shares surged nearly 8% to Rs 205.60 after RBI granted in-principle approval for its Physical Payment Aggregator license. The clearance lets MobiKwik s
Business Today · Latest · 5/26/2026, 7:53:09 AM · Ask about this →