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

On February 14, the Reserve Bank of India (RBI) imposed restrictions on Mumbai-based New India Cooperative Bank Ltd over ...

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

Mumbai: The Economic Offences Wing (EOW) of Mumbai Police has uncovered shocking details in its probe into the ₹122 crore ...

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

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

Hitesh Mehta and other executives are in police custody over a Rs 122 crore embezzlement at New India Cooperative Bank. The ...

Former New India Coop Bank GM Hitesh Mehta is suspected of misappropriating Rs 122 crore by directing staff to distribute ...

India is actively considering raising the bank deposit insurance coverage, a top official said on Monday, days after the ...

During an RBI inspection on February 12, Rs 112 crore was found missing from the bank's Prabhadevi branch, and an additional ...

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

More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...