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.
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj
Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation
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