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RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress

IndiaTimes Wednesday, 14 June 2023
Congress general secretary Jairam Ramesh sought a clarification from the RBI as to why it has changed its own rules on "wilful defaulters" and "frauds".
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Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News [Video]

Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News

RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms. #kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news ~HT.178~PR.152~ED.194~GR.125~CA.145~

Credit: Oneindia    Duration: 05:03Published

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