RBI Lifts Ban on Kotak Mahindra Bank

RBI Lifts Ban on Kotak Mahindra Bank: The Reserve Bank of India RBI lifted the ban on Kotak Mahindra Bank on Wednesday (February 12). In April 2024, the RBI, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, imposed certain commercial restrictions on Kotak Mahindra Bank Limited. The bank was … Read more