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Kotak Mahindra Bank Poised For Strong Growth As RBI Lifts Restrictions, Say Analysts
The move is seen as a key catalyst for Kotak Mahindra Bank's growth, particularly in the credit card and digital customer acquisition segments.
13 Feb 2025, 09:24 AM IST 
Kotak Mahindra Bank can now resume issuing new credit cards and onboarding customers online, following the RBI's decision to lift the ban. (Photo: Anirudh Saligrama/NDTV Profit)
Kotak Mahindra Bank Ltd. on Wednesday received a boost as the Reserve Bank of India lifted the restrictions that had been imposed on the bank since April 2024. These restrictions had prevented the lender from onboarding new customers through online and mobile channels, as well as issuing new credit cards. The removal of these regulatory barriers has prompted a positive response from analysts.The lifting of the ban is seen as a key ca...
