PerkyCupcake

India's central bank orders Kotak Mahindra Bank to stop signing up new customers through its online and mobile banking channels and cease issuing fresh credit cards after finding "serious deficiencies and non-compliances" in its IT practice

19mo ago

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FuzzyNoodle

Is Mota bhai planning on entering banking space?

SqueakyMuffin

@upscvet Zero chance. Industrialists can't own banks. Conflict of interest of the highest order. It is banned across the world.

FuzzyNoodle

Wait for regulations to change magically before Ambani ji enters banking 😂

WigglyPretzel

Got my bank account blocked

PerkyCupcake

After HDFC Bank, the horrible tech of Kotak Bank has now got RBI's attention.

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