Kotak Mahindra Bank to Not Onboard New Customers

Name: Kotak Mahindra Bank to Not Onboard New Customers
Uploaded: 2024-01-01T00:00:00+00:00
Duration: 5 min
Description: Published On: April 25, 2024 - The Reserve Bank of India takes regulatory action on Kotak Mahindra Bank. The central bank has asked Kotak Mahindra Bank to stop onboarding new customers via online means and stop issuance of fresh credit cards. However, the bank can continue providing services to its existing customers.

2024 • 5min • News • Business

Informative

Published On: April 25, 2024 - The Reserve Bank of India takes regulatory action on Kotak Mahindra Bank. The central bank has asked Kotak Mahindra Bank to stop onboarding new customers via online means and stop issuance of fresh credit cards. However, the bank can continue providing services to its existing customers.