The Enforcement Directorate carried out searches on 12 premises across Chandigarh, Panchkula, Zirakpur, Dera Bassi and Rajpura in a money laundering probe linked to a municipal fraud case. The action follows an FIR by the ACB, Panchkula, alleging a conspiracy to embezzle about ₹145 crore from civic body accounts, with ED examining related financial trails.
Kotak Mahindra Bank has issued a customer alert for planned system maintenance on December 21, 2025. Between 3:30 am and 4:30 am IST, mobile banking, net banking, UPI and other payment services will be unavailable. However, ATM withdrawals under Rs 20,000 will not be affected, so customers are urged to plan transactions outside the window.
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Kotak Mahindra Bank will require customers to complete mandatory two-factor authentication using OTP or MPIN for selected transactions starting April 22, 2026. The change covers government, statutory, payment gateway, and other merchant payments, with the bank citing added protection for tax-related transactions. Customers are urged to keep their contact details updated to avoid failed verifications.
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