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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?

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

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% Like and follow to stay update & Which Credit card do you have ?

How can people without credit score get credit cards

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

Perks / Reward Rate comparison of various credit cards.

Why can't we buy the stocks using credit cards?

Top Banks Issuing Credit Cards in March 2025: HDFC Bank – 2.2 lakh SBI Cards – 1.6 lakh Axis Bank – 1.3 lakh ICICI Bank – 0.97 lakh

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. Like and follow for more.