More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under moratorium by RBI due to supervisory concerns. An administrator and committee ...

The order was issued on Thursday evening, since the cooperative bank faces liquidity issues and amid supervisory concerns. IMAGE: Depositors throng a New India Co-operative Bank branch in Mumbai.

Depositors of New India Cooperative Bank were seen standing in queues outside the bank’s branch in Mumbai to withdraw their funds | Photo Credit: PTI Depositors of New India Co-operative Bank ...

AMID growing panic over the suspension of all transactions at New India Cooperative Bank, Mumbai Police’s Economic Offences Wing (EOW) arrested the former general manager, Hitesh Mehta ...

Rajkot: A branch manager at Vijay Commercial Co-operative Bank allegedly orchestrated a car loan fraud in collaboration with loan brokers, misappropriating Rs 93 lakh by redirecting sanctioned ...

The Mumbai police on Saturday arrested Hitesh Mehta, general manager and head of accounts of New India Cooperative Bank, for allegedly misappropriating Rs 122 crore from the bank, officials said.

A Division Bench of the Kerala High Court has imposed a litigation cost of ₹50,000 on 15 members of Balagram Service Cooperative Bank in Idukki who moved an appeal complaining about non-issue ...

Halifax Intermediaries has added 1.5-year fixed rate products within ... Experienced care home operators will also see rate reductions of 0.20%. The bank will continue to offer an additional 0.25% ...

Co-operative Bank of Kenya (Co-op Bank) has emerged as the first major lender to reduce its lending rate following last week's reduction of the benchmark Central Bank Rate (CBR). In a public ...

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 police on Saturday arrested Hitesh Mehta, general manager and head of accounts of New India Cooperative Bank, for allegedly misappropriating Rs 122 crore from the bank, officials said.

The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank in Mumbai, citing supervisory concerns over its financial position. As per the restrictions which are ...