Question
What was the amount of monetary penalty imposed by RBI on Kotak Mahindra Bank in 2025?
Solution
The Reserve Bank of India imposed a penalty of ₹61.40 lakh on Kotak Mahindra Bank for non-compliance related to loan components and margin requirements for stock-brokers. This was part of the actions taken after the Inspection for Supervisory Evaluation (ISE 2023).
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