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RBI Bans Kotak Mahindra Bank @CAGunjanHirani #shortsoftheday #shortsdaily #ytshorts #kotaksusu

RBI Bans Kotak Mahindra Bank @CAGunjanHirani

The Reserve Bank of India (RBI) has imposed restrictions on Kotak Mahindra Bank, preventing it from onboarding new customers through its online and mobile banking channels, as well as issuing new credit cards.

This action was taken due to significant deficiencies in the bank's IT systems, which led to frequent outages and non-compliance with regulatory guidelines over the past two years​​. The bank must address these issues and undergo a comprehensive external audit before these restrictions can be lifted​.

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Видео RBI Bans Kotak Mahindra Bank @CAGunjanHirani #shortsoftheday #shortsdaily #ytshorts #kotaksusu канала CA Gunjan Hirani
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