A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...

The Urban Cooperative Banks (UCBs) sector is under scrutiny following regulatory actions, with 1,472 banks and significant ...

Union Cooperation Minister Amit Shah emphasized the importance of India's cooperative sector at a Pune event, advocating for ...

The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special ...

As early as in January 2020, ex-employees of New India Cooperative Bank Ltd had warned the Reserve Bank of India (RBI) about ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

A Mumbai court has remanded Hitesh Mehta, a former general manager of New India Cooperative Bank, and Dharmesh Paun in police ...

Mumbai Police’s Economic Offences Wing arrested ex-CEO Abhimanyu Bhoan in a Rs 122 crore fraud at New India Cooperative Bank.

The police have also recorded the statement of the bank’s chief executive officer from 2019 to 2022, when the alleged fraud ...

The RBI has imposed strict regulations on New India Cooperative Bank following an alleged fraud, halting withdrawals and ...

The crisis unfolded on Friday, February 14, as panic-stricken depositors rushed to the branches of Mumbai-based New India ...

The Mumbai Police are investigating a ₹122 crore fraud at New India Cooperative Bank and have sought information from the RBI ...