After more than nine months of imposing severe business restrictions on Kotak Mahindra Bank because of concerns on the ...

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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.

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

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In April 2024, the Kotak Mahindra Bank was instructed to halt onboarding new customers through its online and mobile banking ...