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.
Private banks, energy and telecom look attractive amid market swings: Rahul Shah
Amidst global uncertainty, market volatility presents opportunities for long-term investors, according to Rahul Shah. He highlights mispricing as a chance to build portfolios, favoring resilient