Kotak Mahindra Bank, RBI

RBI lifts restrictions from Kotak Mahindra Bank, now you can get new credit cards and open account digitally
The Reserve Bank on February 12, 2025 decided to lift the aforementioned restrictions placed on Kotak Mahindra Bank Limited. Now customers can apply for new Kotak Mahindra 811 Bank Account through its online and mobile banking channels,
Relief for Kotak Bank: RBI lifts bar on onboarding credit card, online customers
RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank’s IT inventory management and data security, among other issues
RBI lifts digital banking restrictions on Kotak Mahindra Bank
RBI lifts restrictions on Kotak Mahindra Bank, allowing credit card issuance and digital customer onboarding, signaling regulatory shift.
Kotak Mahindra Bank Regains RBI Approval for New Customer Onboarding
The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to onboard new customers via online and mobile channels and issue new credit cards. These restrictions were in place due to IT-related deficiencies.
Kotak Bank Stock Climbs 2% After RBI Lifts Restrictions on New Customer Onboarding
Kotak reported a 10% surge in its profit levels at Rs 4,701.02 crore in Q3FY25 as compared to Rs 4,264.78 crore recorded in the corresponding quarter of the previous year. The recent removal of restrictions has further boosted brokerages' outlook on the stock.
India's RBI lifts ban on Kotak issuing credit cards, enrolling clients digitally
The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from onboarding new clients digitally and issuing fresh credit cards due to gaps in its IT infrastructure.
RBI lifts restrictions on Kotak Mahindra Bank from issuing credit cards, adding customers online
The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender. The bank was directed to cease and desist from onboarding new customers through its online and mobile banking channels,
RBI allows Temasek unit to raise stake in AU Small Finance Bank, shares rise
The Reserve Bank of India has approved Zulia Investments, a Temasek unit, to increase its stake in AU Small Finance Bank up ...
RBI's surprise, outsized intervention eases bearish bias on rupee
The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...
RBI allows Temasek Holding to acquire upto 7% in AU Small Finance Bank
In September last year, the Jaipur-based bank submitted its application to the RBI to transition into a universal bank. AU ...
LIC-Backed Penny Stock Hits 5% Upper Circuit As RBI Renews Authorization For White Label ATMs Till March 2026
Vakrangee Limiteds permission to create, run, and oversee WLAs in India has been extended by the Reserve Bank of India (RBI).
AU Small Finance Bank: RBI approves Temasek’s Zulia Investments to acquire up to 7% stake
AU Small Finance Bank announced that the Reserve Bank of India has approved Temasek’s Zulia Investments to acquire up to 7% ...
RBI to issue ₹50 denomination bank notes with signature of new Governor Malhotra
The Reserve Bank of India will shortly issue ₹50 denomination bank notes in Mahatma Gandhi (new) Series bearing the signature ...
RBI approves Temasek unit to raise stake in AU Small Finance Bank
AU Small Finance Bank on February 13 said it received Reserve Bank of India approval for Zulia Investments, a unit of ...
RBI Has Been On Gold-Buying Spree: India's Ploy To Move Away From US Dollar? FM Nirmala Sitharaman Explains
The RBI has aggressively increased its gold reserves, adding 72.6 tonnes in 2024, four times more than the previous year.