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India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new ...

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The RBI has lifted supervisory restrictions imposed on Kotak Mahindra Bank. Now, the Bank can resume onboarding new customers ...

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RBI had barred the lender from onboarding new customers through its online channels and issuing new credit cards ...

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) ...

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The Reserve Bank on February 12, 2025 decided to lift the aforementioned restrictions placed on Kotak Mahindra Bank Limited.