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Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News
Video Credit: Oneindia
Published 1 week ago - 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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Kotak Mahindra Bank
Indian private sector bank
Reserve Bank of India
Central Bank of India
Oneindia
Indian online news portal
Paytm
Indian financial technology company
HDFC Bank
Indian financial services company