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Why Kotak Mahindra Bank was barred by RBI from onboarding new online customers, issuing credit cards

The Reserve Bank of India (RBI) on 24th April barred private sector lender Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels, and from issuing fresh credit cards. But why did RBI take such decision? Watch to find out

first published: Apr 25, 2024 11:57 am

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