Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News

Video Credit: Oneindia

Published on April 25, 2024 - Duration: 05:03s

Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News

RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns.

Kotak Mahindra's failure to meet data storage requirements led to RBI directives.

Similar actions were taken against HDFC Bank in 2020.

The events underscore the need for stronger regulatory mechanisms. #kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news ~HT.178~PR.152~ED.194~GR.125~CA.145~

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