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Friday, 13 November 2026 IST

Breaking

RBI fines MobiKwik ₹9 lakh over PPI transfer and fraud reporting lapses

RBI imposed a ₹9 lakh penalty on MobiKwik for breaching PPI transfer limits and failing to report certain frauds within the prescribed timeline following an inspection

Attributed summary

RBI imposed a ₹9 lakh penalty on MobiKwik for breaching PPI transfer limits and failing to report certain frauds within the prescribed timeline following an inspection

Read the original report — Business Standard

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

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