India's RBI lifts ban on Kotak issuing credit cards, enrolling clients digitally
The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from onboarding new clients digitally and issuing fresh credit cards due to gaps in its IT infrastructure.
Kotak Bank shares in focus as RBI lifts restrictions on opening new bank accounts, credit card issuance
Kotak Mahindra Bank's shares will be in focus after the RBI lifted restrictions on its issuance of new credit cards and online account openings.
Relief for Kotak Bank: RBI lifts bar on onboarding credit card, online customers
RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank’s IT inventory management and data security, among other issues
RBI Lifts Curbs On Kotak Mahindra Bank Onboarding Customers Online
The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to
India's central bank lifts restrictions on Kotak Mahindra Bank onboarding customers online
India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from taking on new customers via its online and mobile banking channels and from issuing new credit cards.
RBI lifts restrictions on Kotak Mahindra Bank from issuing credit cards, adding customers online
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 cease and desist from onboarding new customers through its online and mobile banking channels,
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