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Kotak Bank shares in focus
India's RBI lifts ban on Kotak issuing credit cards, enrolling clients digitally
India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new customers through its online channels and issuing new credit cards.
RBI lifts restrictions from Kotak Mahindra Bank, now you can get new credit cards and open account digitally
The Reserve Bank on February 12, 2025 decided to lift the aforementioned restrictions placed on Kotak Mahindra Bank Limited. Now customers can apply for new Kotak Mahindra 811 Bank Account through its online and mobile banking channels,
Kotak Mahindra Bank shares rally over 2% after RBI lifts ban
Kotak Mahindra Bank’s share price rose 2.25% to an intra-day high of Rs 1,987.70 after the Reserve Bank of India lifted restrictions on the private lender, enabling it to onboard new customers via online channels.
India's central bank lifts restrictions on Kotak Mahindra Bank onboarding customers online
India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from taking on new customers via its online and mobile banking channels and from issuing new credit cards.
RBI Lifts Ban on Kotak Mahindra’s Digital Banking & Credit Cards Issuance
RBI lifts restrictions on Kotak Mahindra Bank, allowing it to onboard new customers and issue credit cards after IT compliance improvements.
Relief for Kotak Bank: RBI lifts bar on onboarding credit card, online customers
RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank’s IT inventory management and data security, among other issues
Kotak Mahindra Bank stock rally: Impact of lifting of RBI credit card ban, share price target
Kotak Mahindra Bank share price today. The stock was up 10 per cent at Rs 2,137.60 on BSE in the pre-open trade, The resumption of digital onboarding of customers may aid in acquisition of savings accounts and cross-sell of products.
Kotak Bank Stock Climbs 2% After RBI Lifts Restrictions on New Customer Onboarding
Kotak reported a 10% surge in its profit levels at Rs 4,701.02 crore in Q3FY25 as compared to Rs 4,264.78 crore recorded in the corresponding quarter of the previous year. The recent removal of restrictions has further boosted brokerages' outlook on the stock.
RBI Lifts Ban On Kotak Mahindra Bank From Issuing New Credit Cards, Adding Customers Online
Reserve Bank of India has removed restrictions on Kotak Mahindra Bank, enabling the bank to restart its credit card offerings and onboard new customers via digital platforms.
Kotak Bank shares rise over 2% as RBI lifts restrictions on new bank account opening, credit card issuance
Kotak Mahindra Bank's shares rose after the RBI lifted restrictions on issuing new credit cards and opening accounts through online or mobile banking. Banks, including HSBC, JP Morgan, Morgan Stanley,
Kotak Mahindra Bank shares set to rally as brokerages cheer RBI's digital nod
Kotak Bank received positive response from brokerages after RBI removed curbs on its digital banking business. Morgan Stanley reiterating its "overweight" rating on the counter and shared highest target price of Rs 2,
Outlook Business
44m
Explained: Kotak Mahindra Bank's Complex Relations With RBI
Kotak Mahindra Bank (KMB) and the Reserve Bank of India (RBI) have had a long history of regulatory challenges, spanning ...
2h
Kotak Mahindra Bank outperforms market on strong trading day
Kotak Mahindra Bank Ltd. hit a new 52-week high, surpassing its previous peak of 1,969.90 rupees, which the company achieved on February 11th.
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10h
Stocks To Watch Today On Feb 13: Hindalco, Kotak Mahindra Bank, RIL, HAL, MMTC, Reliance Infra, ONGC, NTPC Green and more
The 30-share BSE Sensex, which had tanked more than 900 points intra-day on Wednesday, ended at 76,171.08, down by 122.52 ...
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