RBI Banned Kotak Mahindra Bank from onboarding new users and to stop issuing new credit cards then bank’s Joint MD resigned.Why do Executives leave the company after a issue Comes out
Was they forced to resign to regain trust?
0 replies4 likes
mg
News & updates • 1m
Important RBI rules for credit cards
Bank can't charge joining fee if customer has not activated their credit card
CC should be automatically closed if not used for more than a year
Rs 100 compensation per day for delay in closure of credit cards
After IIFL, RBI bars JM Financial from doing any new financing
0 replies7 likes
Giggity
Memes,games, startup... • 2m
How can people without credit score get credit cards
1 replies1 like
LIKHITH
On ne sait Jamais ! • 9m
STAY UPDATED !!
Credit cards usage growing by 22% in india
Top 5 players (market share)
1.Hdfc bank = 27%
2.Icici bank = 19%
3.SBI = 15%
4.Axis bank = 11%
5.Kotak bank = 4%
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&
Which Credit card do you have ?
24 replies14 likes
Rakshak Gupta
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Quixy • 4m
Why can't we buy the stocks using credit cards?
3 replies8 likes
Inactive
AprameyaAI • 11m
Today's scoop: 😋
Despite RBI action, Kotak Mahindra Bank stays strong, assuring customers of smooth operations. ☝️
While pausing new credit card issuances temporarily, they're on it—working hand in hand with regulators. ⛔
Stock prices took a hit
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3 replies4 likes
Hemant mewada
King is kin • 5m
I am selling credit cards nowadays but I am facing problem with client like how can I know who is looking for the credit card
3 replies4 likes
Easemoney
Finance Startup • 4d
"Credit Card Trends in 2025: What Indian Consumers Need to Know" 💳🚀
India’s credit card market is evolving with UPI-linked RuPay cards, AI-driven approvals, fintech-bank partnerships, and flexible rewards. With rising adoption in Tier-II & III ci
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0 replies3 likes
LIKHITH
On ne sait Jamais ! • 9m
DID YOU KNOW !?
Kotak Mahindra Finance became India's first NBFC to be converted into a bank after being granted an RBI banking license in 2003.
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