RBI lifts business restrictions on Kotak Mahindra Bank after successful remedial action, allowing 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 ...

Government acknowledges the challenges faced by first-time borrowers and informal sector workers in accessing credit due to limited or non-existent CIBIL scores. Credit Information Reports (CIRs) and ...

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

The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender. The bank was directed to ...

The Reserve Bank of India on Wednesday lifted nine-month old curbs on Kotak Mahindra Bank, allowing it to onboard new customers through its online and mobile banking channels. The Reserve Bank also ...

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

The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to ...

Research paper by NCAER suggests debt relief for heavily indebted Indian states to strengthen market discipline and fiscal autonomy.

Kotak Mahindra Bank initiated remedial measures to address the supervisory concerns and submitted compliances to the Reserve ...

Good news for customers who wish to apply for a new Kotak Mahindra Bank credit card or open a bank account with them through ...

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