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Kotak Mahindra Bank

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RBI's Intervention Disrupts Kotak Mahindra Bank's Digital Savings Growth
Fintech

RBI's Intervention Disrupts Kotak Mahindra Bank's Digital Savings Growth

Kotak Mahindra Bank's plans to expand its digital-only zero-balance savings accounts have hit a roadblock due to a decisive action from the Reserve Bank of India. The move signals a significant moment in the evolving landscape of digital banking in India.

25 Apr 2024
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