Kotak Mahindra Bank

Flipkart’s Super.money teams up with Kotak Bank to make India’s free UPI payments pay

Fintech /

India’s free digital payments revolution has upended how money moves — but not how fintechs make it. Now, Flipkart’s fintech arm Super.money is partnering with one of India’s top commercial banks, Kotak Mahindra Bank, to change that, bundling UPI payments, savings, and secured credit into a single account aimed at turning usage into profit. The […]

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RBI bars Kotak Bank from adding new online customers and credit cards

Fintech /

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers via its online and mobile banking channels and to stop issuing fresh credit cards, citing serious deficiencies in the bank’s IT systems and risk management practices. Kotak Mahindra Bank is India’s fourth most valuable bank. It’s also one of the

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