India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online and mobile banking channels, and ......
RBI Stops Kotak Mahindra Bank from Taking New Customers, Issuing Credit Cards pragativadi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pragativadi.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank Limited to stop onboarding of new customers through its online and mobile banking with immediate effect and also barred the bank from issuing fresh credit cards.The bank ...
For two consecutive years, the bank was assessed to be deficient in its IT Risk and Information Security Governance, contrary to requirements under Regulatory guidelines, it added.
The Reserve Bank of India on Wednesday (April 24, 2024) barred private lender Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect.
Hours after the RBI prohibited Kotak Mahindra Bank from onboarding new customers online and issuing fresh credit cards, citing issues with the company's data security and IT infrastructure, the bank has said it is adopting new techonologies.
RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing credit cards aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Mumbai, April 24 (UNI) Citing continuous failure to address IT related deficiencies, the Reserve Bank of India (RBI) on Wednesday, in exercise of powers vested on it, has barred Kotak Mahindra bank to “cease and desist”, with immediate effect, from onboarding of new customers through its online and mobile banking channels and issuing fresh credit