Kotak Bank News: Kotak Mahindra Bank Ltd. said on Wednesday that the restrictions by Reserve Bank of India will not materially impact its overall business. It has implemented new technologies to strengthen its IT systems and would collaborate with the RBI to promptly address balance issues following the restrictions, the lender said. Additionally, it affirmed uninterrupted services for existing customers. "The Bank has taken measures for adoption of new technologies to strengthen its IT systems and will continue to work with RBI to swiftly resolve balance issues at the earliest," it said.


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