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2 days ago · MUMBAI, April 24 (Reuters) - India's central bank said on Wednesday it had barred Kotak Mahindra Bank (KTKM.NS) , opens new tab from taking on new customers via its online and mobile banking ...
2 days ago · India's central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels, and to stop issuing fresh credit cards ...
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9 hours ago · The criteria include a five-year track record of satisfactory performance, a net worth of 10 billion rupees, meeting capital requirements, recent profitability and limited non-performing assets, the Reserve Bank of India (RBI) said. Existing promoters can continue without new additions and approved shareholding plans will remain unchanged, while diversified loan portfolios are favoured, the ...
3 days ago · 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. The ...
2 days ago · India’s central bank plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime ...
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12 hours ago · BENGALURU (Reuters) - India's central bank on Friday released a set of criteria that small lenders need to achieve, including performance metrics and market listing, to become a universal bank and provide comprehensive services to both retail and corporate clients. The criteria include a five-year track record of satisfactory performance, a net ...