Kotak Mahindra Bank shares plunge 10% after RBI bars onboarding customers digitally

Shares of Kotak Mahindra Bank dropped by 10% following RBI’s temporary pause on new customer onboarding and credit card issuance. Brokerages lowered target prices as the bank’s online customer acquisition is affected.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News