Kotak Bank MD says in discussions with RBI, working to address concerns
RBI also highlighted that the rapid growth in the bank’s digital transaction volumes, including transactions pertaining to credit cards, adding that the restrictions will be reviewed upon completion of a comprehensive external audit
A day after Reserve Bank of India asked Kotak Mahindra Bank to stop onboarding new customers through its online and mobile banking channels and issuing fresh credit cards, MD and CEO Ashok Vaswani sa… [+1679 chars]
