RBI directs Kotak Mahindra Bank to halt onboarding new online customers

THE JHARKHAND STORY DESK   New Delhi, April 24: Kotak Mahindra Bank has been directed by the Reserve Bank of India (RBI) to immediately halt issuing new credit cards and stop onboarding new customers through its online and mobile banking platforms. Concerns over the bank’s compliance and risk management procedures led to the adoption of … Continue reading RBI directs Kotak Mahindra Bank to halt onboarding new online customers