Kotak Bank Sees Rs. 300-500 Crore Hit to Profit After RBI Curbs

Kotak Bank faces substantial financial challenges due to RBI's digital onboarding directive, with projected profit drop of Rs 300-500 crore.

How RBI’s decision to bar Kotak Mahindra Bank has impacted its share price today

Kotak Mahindra Stock fell by over 10% today because RBI has put restrictions on onboarding new customers and issuing new credit cards.

Why RBI Barred Kotak Mahindra Bank From Issuing New Credit Card, Adding Customers Online

Why RBI barred Kotak Mahindra Bank: Here's the reason why RBI has stopped Kotak Bank from Issuing Credit Cards, Adding New Customers