MobiKwik Shares Rev Up 6.6% After Rolling Out CBDC Wallet, E-Rupee

Shares of MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today (January 29) after it became the first fintech firm to roll out a full-scale CBDC wallet and e-rupee (e₹)

MobiKwik was trading at INR 431.30 in the afternoon – up about 4% from its previous close of INR 415.00

The fintech giant’s e-rupee wallet will enable users to transfer funds to other e-rupee wallets and regular bank accounts through UPI

Shares of newly listed fintech major MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today…