
RBI lifts card, digital curbs on Kotak Bank – The Times of India
MUMBAI: RBI has lifted restrictions it imposed on Kotak Mahindra Bank in April 2024, which had prevented it from on-boarding new customers through its online and mobile banking channels and from issuing fresh credit cards, the lender informed exchanged. RBI had placed restrictions on the bank for inadequacies in its IT systems. According to Kotak…