BENGALURU -- India's central bank on Wednesday barred private lender Kotak Mahindra Bank from taking new customers via online and mobile banking channels, and from issuing fresh credit cards.
Finance
India central bank bars Kotak Mahindra from taking new online clients
Fourth largest private lender failed to address 'significant' IT concerns, RBI says
One of India's major private banks, Kotak Mahindra Bank, has been barred from taking new customers via online and mobile-banking channels, and issuing fresh credit cards. (Sipa via AP)
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