RBI imposes fine on One Mobikwik Systems, Spice Money : Rashtra News #RBI #imposes #fine #Mobikwik #Systems #Spice #Money The Reserve Bank of India has imposed a penalty of Rs 1 crore each on One Mobikwik Systems and Spice Money for violation of norms on net worth requirement provided by the regulator for Bharat Bill
Pocket UPI safeguards users from compromised transactions and financial fraud by transferring funds from the MobiKwik Wallet rather than their bank account, thus limiting exposure when making financial transactions, it said.
India Business News: Paytm's regulatory crisis opens up market share opportunities for fintech peers like PhonePe, BharatPe, and MobiKwik. BharatPe experiences significant