RBI restrictions on Kotak Mahindra Bank: What it means for customer, banking and credit card services - FAQs answered

RBI's restrictions on Kotak Mahindra Bank impact new customer onboarding and credit card issuance, with uncertainties for existing customers. The ban's duration depends on an external audit and corrective measures satisfaction, potentially lasting six to twelve months.

Apr 27, 2024 - 05:30
 0
RBI restrictions on Kotak Mahindra Bank: What it means for customer, banking and credit card services - FAQs answered
RBI's restrictions on Kotak Mahindra Bank impact new customer onboarding and credit card issuance, with uncertainties for existing customers. The ban's duration depends on an external audit and corrective measures satisfaction, potentially lasting six to twelve months.

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