Kotak Bank Alert: Kotak Mahindra Bank has announced that maintenance work will be carried out on its banking systems to provide customers with an uninterrupted banking experience. Due to this ...

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers via its online and mobile banking channels and to stop issuing fresh credit cards, citing ...

The RBI cited the private sector lender’s “continued” failure to address the central bank’s concerns following its IT audit as the reason for the move The RBI said that the bank will continue to ...

MUMBAI, April 24 (Reuters) - India's central bank said on Wednesday it had barred Kotak Mahindra Bank (KTKM.NS), opens new tab from taking on new customers via its online and mobile banking channels, ...

This comes after the RBI in April last year decided to cease and desist Kotak Mahindra Bank from onboarding new customers RBI noted that the bank has taken measures to address the erstwhile flagged ...