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Apr 24, 2024 · The Reserve Bank of India (RBI) took action against Kotak Mahindra Bank, barring it from onboarding new customers through online and mobile banking channels. The regulator also directed the bank to stop issuing new credit cards. This action stems from concerns identified by the RBI.
- Operations continue uninterrupted: Kotak Mahindra Bank CEO ...
Synopsis. Kotak Mahindra Bank has reassured customers that...
- Operations continue uninterrupted: Kotak Mahindra Bank CEO ...
2 days ago · Kotak Mahindra Bank. Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. [6]
- 1985; 38 years ago
- ₹67,981.02 crore (US$8.5 billion) (2023)
- 100000+ (March 2023)
Apr 25, 2024 · Business News Edited by NDTV News Desk Updated: April 25, 2024 12:14 pm IST. Kotak Mahindra Bank is now prohibited from issuing new credit cards. The Reserve Bank of India (RBI) has...
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...
Apr 25, 2024 · Kotak Mahindra Bank customers received a jolt on April 24 when the Reserve Bank of India (RBI) barred the lender from taking on new customers through its online and mobile banking channels,...
Apr 25, 2024 · Finding deficiency in the bank's IT infra, the RBI restricted Kotak Mahindra Bank from issuing new credit cards and acquiring customers online. Here's what it means for new and existing customers
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