RBI lifts business restrictions on Kotak Mahindra Bank after successful remedial action, allowing digital onboarding and credit card issuance.

From Nifty's sixth straight loss today to industrial production growth slowing to the latest US inflation data, we’ve got all ...

The bank was directed to cease and desist from onboarding new customers through its online and mobile banking channels, and ...

After more than nine months of imposing severe business restrictions on Kotak Mahindra Bank because of concerns on the technology front, the Reserve Bank of India (RBI) on Wednesday announced lifting ...

Kotak Mahindra Bank welcomed the decision, confirming that it would soon resume digital onboarding and credit card issuance.

After almost a year, the central bank has finally given the green light for the private bank to onboard new customers again ...

The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to resume onboarding new customers and ...

RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank’s ...

The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain ...

The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from ...

The Reserve Bank of India has lifted supervisory restrictions on Kotak Mahindra Bank, allowing it to resume customer ...

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) ...