Kotak Bank shares in focus

India's RBI lifts ban on Kotak issuing credit cards, enrolling clients digitally
The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from onboarding new clients digitally and issuing fresh credit cards due to gaps in its IT infrastructure.
Kotak Mahindra Bank share price touches 52-week high as RBI lifts key restrictions
Kotak Mahindra Bank share price surged over 2% to a 52-week high after the RBI lifted restrictions on its digital banking. The bank can now issue new credit cards and onboard customers digitally, following a successful IT audit and corrective measures undertaken.
RBI lifts restrictions on Kotak Mahindra Bank from issuing credit cards, adding customers online
The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender. The bank was directed to cease and desist from onboarding new customers through its online and mobile banking channels,
Indian regulator lifts ban on Kotak issuing credit cards, signing on clients digitally
India's central bank on Wednesday lifted its 10-month-long restriction on Kotak Mahindra Bank that had barred the lender from onboarding new clients digitally and from issuing credit cards due to gaps in its IT infrastructure.
Relief for Kotak Bank: RBI lifts bar on onboarding credit card, online customers
RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank's IT inventory management and data security, among other issues
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