Indian banks caught between growth targets and an unforgiving regulator
Thu, Apr 25, 2024 9:29 AM

Indian banks caught between growth targets and an unforgiving regulator

A Flip by Shubhangi Gupta
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Kotak Mahindra Bank's tumultuous relationship with the RBI- sometimes forcing the regulator to go on the back foot, with Mint Street appearing like a pale shadow of its past - or the group's generous subscription to electoral bonds, tend to colour any interpretation of the central bank's decision to proscribe the bank from acquiring new online customers and issuing credit cards.

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