Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 142)
142.
Which bank faced a 10% share price drop due to RBI restrictions?
Answer: Option
Explanation:
Kotak Mahindra Bank's shares experienced a 10% decline following RBI restrictions on new online customer onboarding and credit card issuance due to IT issues. This regulatory action is expected to impact the bank's growth and margins, although the bank remains optimistic about resolving IT system deficiencies and maintaining uninterrupted services for existing customers.
Discussion:
Be the first person to comment on this question !
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers