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.
Gold prices remain close to a record high amid safe-haven demand driven by concerns over U.S. President Trump’s tariff plans and potential inflation. Spot gold
The 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual
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