KMIL Halts New Loan Approvals from April 2026 Following RBI Compliance Directive
Published on: March 25, 2026, 2:38 a.m. | Source: scanx.trade
Kotak Mahindra Investment Limited has decided to halt new loan sanctions from April 1, 2026, in compliance with RBI Directions 2025 and for group simplification. The board unanimously approved continuing service to existing borrowers while transitioning business activities to be conducted departmentally within parent bank Kotak Mahindra Bank Limited.
