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

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

India Business News: The Reserve Bank of India (RBI) recently imposed restrictions on Kotak Mahindra Bank, preventing the bank from onboarding new customers through its online and mobile banking channels and from issuing new credit cards. This has raised questions among existing and potential customers about the impact of this decision on their accounts and services.