Now Reading: MobiKwik gets RBI NBFC licence, targets Rs 5,000 crore loans
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MobiKwik gets RBI NBFC licence, targets Rs 5,000 crore loans
The Story in Brief
MobiKwik Financial Services Private Limited, a wholly owned subsidiary of One MobiKwik Systems, has received a Certificate of Registration from the RBI to operate as an NBFC. The licence follows an in-principle approval granted in April 2026 and will allow the company to originate loans directly, in addition to its existing lending service provider business.
The NBFC is expected to begin operations in three to six months, initially through an asset-light co-lending model with banks and other NBFCs. It plans to offer secured and unsecured credit to consumers and MSMEs, targeting disbursals of Rs 5,000 crore over the next three to four years. Shares of MobiKwik rose 4% on Friday after the announcement.
Indian Opinion Analysis
Both outlets report the same facts. CNBCTV18 leads with the regulatory milestone and the timeline, while Economic Times leads with the stock price jump, framing the licence as a market event. Economic Times also includes the co-founder's quote, which CNBCTV18 omits. Neither outlet adopts a critical stance. The coverage is uniform straight reporting, the only difference is the lead used. The next concrete step is the company's target of Rs 5,000 crore in disbursals over three to four years.
Coverage: 2 sources, 2 neutral
Sources (2): cnbctv18.com (neutral report), economictimes.indiatimes.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 6 November 2026: this story now draws on 2 sources.
