The customer has accused Kotak Mahindra Bank of being scammed of ₹10,000 while trying to open an account online, however, the money has been refunded.
The directive comes at a crucial time as it aligns with the end of the sugarcane crushing season and supports India's ambitious ethanol-blending targets
India's counter to the G7's proposal for a diamond verification centre in faraway Belguim is traceability centres in Surat or Mumbai, the country's diamond processing hubs
The RBI has barred the private sector lender from new issuances due to deficiencies in the bank's IT system in 2022 and 2023, according to the latest statement.