Published 16:31 IST, April 24th 2024
RBI bars Kotak Mahindra Bank from issuing fresh credit cards, onboarding new customers
The RBI's decision stems from the concerns raised during the bank's IT examination for the years 2022 and 2023.
![RBI action on Kotak Mahindra Bank](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/kotakbank536-171395633620416_9.webp)
RBI action on Kotak Mahindra Bank | Image:
Kotak Mahindra Bank
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16:29 IST, April 24th 2024