A spokesperson for Kotak Mahindra Bank expressed support for the Reserve Bank of India's (RBI) decision to lift business restrictions on the bank, stating, "We welcome the Reserve Bank of India's (RBI) decision to lift the business restrictions on Kotak Mahindra Bank. This decision follows the Bank's successful implementation of remedial measures and compliance validation through an external audit. We will continue to work closely with the RBI to shortly resume digital onboarding of new customers and issuing fresh credit cards.