RBI Limits Kotak Mahindra Bank’s Online Customer Onboarding and Credit Card Issuance
24 Apr 2024
RBI Orders Kotak Mahindra Bank to Halt New Customer Sign-ups Online and via Mobile Apps, as well as Stop Issuing New Credit Cards. This Directive Takes Immediate Effect. However, the Bank Will Maintain Services for Existing Customers, Including Those with Credit Cards. In a statement, the RBI highlighted that its...
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