RTI query reveals mismatch between numbers of Rs 500 notes printed, received by RBI, Rs 88032 crore missing: Report
Saturday, 17 June 2023 The report claimed the three Indian mints issued 8,810.65 million pieces of the newly designed Rs 500 note but the Reserve Bank of India received only 7260 million.
RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
~HT.178~PR.152~ED.194~GR.125~CA.145~
Saturday, 17 June 2023
![Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News [Video]](https://video.newsserve.net/300/v/20240425/1373716752-Kotak-Mahindra-Bank-Faces-RBI-Ban-on-Online.jpg)
