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Kotak Bank promoter donated electoral bonds worth Rs 60 cr, but RBI cracks down on lender to protect customers

Kotak Bank promoter donated electoral bonds worth Rs 60 cr, but RBI cracks down on lender to protect customers
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How RBI Curbs Will Affect Existing Customers Of Kotak Mahindra Bank

Kotak Mahindra Bank must immediately stop onboarding new customers through its online and mobile banking channels and issuing new credit cards, the Reserve Bank of India said as it flagged "serious deficiencies and non-compliances". ....

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