Citibank sues MobiKwik for not paying dues worth â¹80 lakh
Citibank has sued digital wallet startup MobiKwik over an alleged non-payment of â¹80 lakh earned in a joint programme for the US bank's customers in 2015. The bank alleged that MobiKwik failed to meet its contractual obligations and refund its share. The programme was regarding reward points won by Citibank's customers on using their credit cards for recharging MobiKwik wallet.