Reserve Bank of India
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BUSINESS
Check out the details as Axis Bank surpasses Kotak Mahindra Bank to become India’s fourth-largest lender
On Thursday, Axis Bank surpassed Kotak Mahindra Bank to secure the fourth position as India’s biggest lender based on market…
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BUSINESS
This Is How To Exchange Damaged Banknotes At The Bank Near You
Even with the impressive rise in e-payments, there are still many situations in which actual money is required. Notes that…
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BUSINESS
Shares of Kotak Mahindra Bank Drop 12% Following RBI’s Prohibition on Digital Customer Onboarding
Following the Reserve Bank of India’s (RBI) decision to prohibit the private lender from issuing any further credit cards, Kotak…
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BUSINESS
Updates on the stock market: Kotak Bank plunges 10%, Sensex drops 200 points, and Nifty closes at 22,350
After Meta provided lower-than-expected sales projections, the global atmosphere became cautious, and equity benchmark indexes began Thursday’s trading day on…
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BUSINESS
Shares of Kotak Mahindra Bank fall 10% as the RBI prohibits digital client onboarding
Current value of Kotak Mahindra Bank shares: The share price of Kotak Mahindra Bank has dropped significantly as a result…
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BUSINESS
RBI forbids Kotak Mahindra Bank from providing new credit cards and enrolling new clients online
The RBI on Wednesday prohibited Kotak Mahindra Bank from accepting new clients through its online and mobile banking channels and…
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BUSINESS
Rabi Sankar, Deputy Governor of the RBI, receives a one-year extension
The RBI Deputy Governor T Rabi Sankar’s tenure has been extended by the government by one year, the central bank…
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BUSINESS
Insufficient security, RBI prevents Kotak Mahindra Bank from creating an online account
The Reserve Bank of India has instructed Kotak Mahindra Bank to refrain from issuing new credit cards and has prohibited…
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BUSINESS
Increase monitoring and inform the ED and banks about illicit FX transactions
On Wednesday, the RBI requested that banks be more watchful in order to stop unapproved foreign exchange transactions via banking…
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BUSINESS
Kotak Bank to Stop Accepting New Customers Through Online and Mobile Banking on April 24; RBI Issues Prohibition
The RBI, the top bank in India, has prohibited Uday Kotak from accepting new clients via its online and mobile…
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