RBI Lifts Restrictions on Kotak Mahindra Bank, Allows Issuance of Fresh Credit Cards

After more than nine months of business restrictions due to concerns over its technology framework, the Reserve Bank of India (RBI) has lifted its “cease and desist” order on Kotak Mahindra Bank (KMB). The move allows the private sector lender to issue new credit cards and onboar

Read More

  • Related Posts

    Reliance Infra Shares Clarification Amid ED Action, Says Anil Ambani Not On Board Since 3.5 Years

    Mumbai: Amidst large-scale Enforcement Directorate’s (ED) action, Reliance Infrastructure has issued a clarification assuring that the central agency’s action will not impact its business operations, shareholders, employees, or any other stakeholders. The company has also clarifi Read More

    ED Reportedly Attaches Anil Ambani-Linked Assets Worth ₹7,500 Crore in Ongoing Probe

    In a major development in the ongoing probe into alleged financial irregularities linked to Anil Ambani, the Enforcement Directorate (ED) has reportedly attached assets worth over ₹7,500 crore under the Prevention of Money Laundering Act (PMLA). According to a report by Republic Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *