Online banking

RBI Removes Restrictions of Kotak Mahindra Bank

RBI Removes Restrictions on Online Customer Onboarding at Kotak Mahindra Bank

According to the Reserve Bank of India (RBI), Kotak Mahindra Bank is now free to continue issuing new credit cards and onboarding new clients online after restrictions were removed. This follows the RBI's decision in April of last year to stop Kotak Mahindra Bank from accepting new clients

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Evolution of Indian Banking System: A Comprehensive Study

Archaeological evidence from the era of 2000 BCE shows the beginning of the banking system with the first prototype that engaged in giving grain loans to farmers and traders. It also proves that money-lending was also an activity carried out in India and China as well. The historical roots of