Kotak Mahindra Bank’s CTO Resignation Amidst RBI’s IT Infrastructure Concerns
In a surprising move, the CTO of Kotak Mahindra Bank resigned in early 2025 following concerns raised by the Reserve Bank of India (RBI) about the bank’s IT infrastructure. The RBI’s audit revealed gaps in cybersecurity measures, operational reliability, and disaster recovery protocols. The Broader Context As Indian banks rapidly digitize, the risks of cyberattacks