India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels, and to stop issuing fresh credit cards, citi...

https://techcrunch.com/2024/04/24/reserve-bank-of-india-cracks-down-on-kotak-mahindra-bank-over-it-risk-management-lapses/

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