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 ...

Hitesh Mehta, the general manager of New India Cooperative Bank, was arrested by Mumbai police for allegedly embezzling Rs ...

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

On Thursday, the police recorded the statement of Abhijeet Deshmukh, who audited the accounts of the bank between 2019 and ...

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

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

Another cooperative bank is in a fix. India needs a root-and-branch reform of its deposit insurance scheme for banks.

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

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

The Mumbai Economic Offences Wing arrested Abhimanyu Bhoan, former CEO of New India Co-Operative Bank, in a Rs 122 crore ...

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