In its first conference call following the Reserve Bank of India (RBI) action, Kotak Mahindra Bank, on Sunday said that the first priority of the management is to get Kotak Bank back on track as ...
MUMBAI: Kotak Mahindra Bank, hit hard by a regulatory bombshell late last month, on Saturday admitted that the ban on its online and mobile app customer onboarding will impact its business ...
According to the central bank, serious deficiencies and non-compliance were observed in the areas of IT inventory, patch and change, user access and vendor risk management. In response to recent ...
Kotak Mahindra Bank has been directed by the Reserve Bank of India (RBI) to cease onboarding new customers through its online and mobile banking channels and issuing fresh credit cards from ...
RBI curbs to impact Kotak Mahindra's FY25 profit by up to ₹450 crore: CEO Ashok Vaswani, Kotak Mahindra's MD and CEO, emphasised that the financial impact of the RBI's action on the private ...
The story so far: The Reserve Bank of India (RBI) on April 24 barred Kotak Mahindra Bank (KMB) from onboarding new customers on its online and mobile banking channels, and issuing fresh credit cards.
The bank will also be hiring an external auditor to assess the overall technology architecture soon, as mandated by the RBI As the Reserve Bank of India (RBI) stopped Kotak Mahindra Bank from ...
After Kotak Mahindra Bank's KVS Manian resigned from the post of joint managing director, analysts have expressed concern that recent key managerial personnel changes could weigh on the private lender ...
Kotak Mahindra Bank (the Bank) is the flagship company of the Kotak Group. It is one amongst the fastest growing banks and most admired financial institutions in India. The Bank offers transaction ...