Search results
Supervisory concerns over its technology platforms
- In a major regulatory move, the Reserve Bank of India (RBI) on April 24 barred Kotak Mahindra Bank (KMB) from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards, citing supervisory concerns over its technology platforms.
www.moneycontrol.com/news/business/rbi-bars-kotak-mahindra-bank-from-onboarding-new-customers-through-online-mobile-banking-issue-new-credit-cards-12707215.htmlRBI cracks down on Kotak Mahindra Bank; bars onboarding new ...
People also ask
Is Kotak Mahindra Bank removing new customers from online banking?
Why is Kotak Mahindra Bank banned from issuance of new credit cards?
Why did RBI impose restrictions on Kotak Mahindra Bank?
Does Kotak Mahindra Bank issue fresh credit cards?
Apr 25, 2024 · The Reserve Bank of India (RBI) has instructed Kotak Mahindra Bank to stop onboarding new customers online and through mobile banking platforms with immediate effect. NDTV World Edition
Apr 24, 2024 · The Reserve Bank of India (RBI) on Wednesday (April 24) asked Kotak Mahindra Bank to stop onboarding new customers through online and mobile banking channels, and also barred it from issuing fresh credit cards, with immediate effect. As of March-end, Kotak Mahindra Bank has issued 59.54 lakh credit cards.
- Hitesh Vyas
- 153
Apr 25, 2024 · The Reserve Bank of India (RBI) on Wednesday asked Kotak Mahindra Bank to stop onboarding new customers through online and mobile banking channels, and also barred it from issuing...
Apr 26, 2024 · RBI action against Kotak Mahindra Bank: The Reserve Bank of India (RBI) recently imposed restrictions on Kotak Mahindra Bank, preventing the bank from onboarding new customers through its online and mobile banking channels and from issuing new credit cards.
Apr 24, 2024 · The Reserve Bank of India (RBI) on Wednesday (April 24) directed Kotak Mahindra Bank to stop onboarding of new customers through its online and mobile banking channels and also barred it from issuing fresh credit cards, with an immediate effect.
- Hitesh Vyas
- 153
Apr 24, 2024 · The Reserve Bank of India (RBI) on Wednesday barred private sector lender Kotak Mahindra Bank from onboarding new customers through its online portal and mobile app, and restricted it...
Apr 24, 2024 · In a major regulatory move, the Reserve Bank of India (RBI) on April 24 barred Kotak Mahindra Bank (KMB) from onboarding new customers through its online and mobile banking channels and...