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RBI bars Kotak Mahindra Bank from onboarding new customers through online, mobile banking; issue new credit cards.

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RBI bars Kotak Mahindra Bank from onboarding new customers through online, mobile banking; issue new credit cards.

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this is a welcome move. This is a fraud bank, sends promotional emails with zero fee offers and after issuing card levies the fees. So they deserve it truly.

https://www.moneycontrol.com/news/business/rbi-...

Savings Mentor Savings Mentor
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I am waiting for when SBI card and BOB Card get RBI ka danda. Two most haramkhor companies.

SBI Card ko bahot bade se bada fine lagna chahiye. Main mithai batunga aur Twitter pe unko aisa jalil karunga. Sarkari Badmash of India hai woh card company

Benevolent Benevolent
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What's the duration of the ban ?

Finance Ninja Finance Ninja
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@Gulag-Survivor "Until Kotak Bank improves its IT and security infrastructure and submits the report to RBI, the RBI will conduct another test and audit. If they are satisfied with the report, then the ban will be revoked. The timeline for the revocation of the ban depends on how quickly Kotak Bank completes the required improvements and submits the report to RBI."
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Deal Subedar Deal Subedar
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NSE4920332024-04-2708-04-08


broke multi year saapooort. juice incoming?

Deal Newbie Deal Newbie
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Thank You 🙏

Deal Newbie Deal Newbie
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So is it not safe to keep money in this bank anymore? Sorry I am new to this. i just opened my first account and i chose this bank 😓

Crusader Crusader
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Existing customers are not affected..

But don't keep a hefty amount in kotak bank

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Community Angel Community Angel
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Agla number kiska hai 

Deal Cadet Deal Cadet
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Indusind ka hona chahiye.

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Generous Generous
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-accha hua , maha Chu bank tha 

-airport lounges ke liye condition, not LTF card beside kotak leugue, faltu rewards system,no offers

-one time i raised request to convert my kotak leugue VISA card to Rupay they told to apply fresh rather then swap , then rejected my application just bcoz i raised matter - i again raised the matter that if Kotak legue VISA is approved for current customer then How Kotak leugue RUPAy be declined all in the curtain of 'internal policy'

-and daily they send mail to 'upgrade ' my LTF card to PAID zen card just for airport lounges, airport lounges are free even on my SBI debit card ,unka 811 bhi scam hai ,aise faltu Kotak bank ko to band ho jana chahiiye 

Kotak=ChoTak

Crusader Crusader
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Which sbi dc offers free lounge access bro?

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Comrade Comrade
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अच्छा हुआ मेरा 3 साल पुराना 811 चालू कर दिया वर्ना मेरा क्या होता. कहीं इस वज़ह से तो RBI नाराज नहीं हो गया?

Deal Newbie Deal Newbie
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3 saal purana kaise chalu kar diya? joy

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Helpful Helpful
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Upgrading of CC will be open.. right ?

replyuser
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