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RE: India: Kotak Mahindra Bank Closes Customer Accounts For Crypto Trading!
How can they close the bank account before the deadline given by RBI, which July 5 2018, he should file a complaint against the bank and claim compensation for harassment.
Kotak has sent out warnings in the past, and I guess now they are taking it seriously. Infact they are free to adhere to the deadline at any point of the 3 month grace period. Not necessary they have to wait till it's over. I think he'll find an easier alternative. But this has happened inspite of excellent relations with his branch. They were sort of helpless in the matter it seems.