In April 2024, the central bank took supervisory action on Kotak Bank, directing the lender to “cease and desist” onboarding new customers through the bank’s online and mobile banking channels and issuing fresh credit cards with immediate effect.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ