Kotak Mahindra Bank, RBI and India

Indian regulator lifts ban on Kotak issuing credit cards, signing on clients digitally
India's central bank on Wednesday lifted its 10-month-long restriction on Kotak Mahindra Bank that had barred the lender from onboarding new clients digitally and from issuing credit cards due to gaps in its IT infrastructure.
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RBI Lifts Ban on Kotak Mahindra’s Digital Banking & Credit Cards Issuance
RBI lifts restrictions on Kotak Mahindra Bank, allowing it to onboard new customers and issue credit cards after IT compliance improvements.
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,
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