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 ...

MUMBAI: Two days after arresting New India Cooperative Bank's general manager and head of accounts Hitesh Mehta in the Rs 122-crore scam, police have learnt that he had allegedly given a Rs 40 ...

Co-operative Banks are well regulated by the Reserve Bank of India (RBI) and tarring all of them with the same brush just because one of them has deficiencies is not right, said Ajay Seth ...

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 ...

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 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.

On February 14, the Reserve Bank of India (RBI) imposed restrictions on Mumbai-based New India Cooperative Bank Ltd over supervisory concerns. Depositors were barred from withdrawing funds from ...

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 ...

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 ...

In FY23, state cooperative banks’ NPAs eased to 5.4 percent and district cooperative banks to 9.6 percent. Co-operative bank industry data comes with a lag of a year. Profitability metrics have ...

MICR codes for all branches in India state wise including addresses Select Bank Abhyudaya Coop Bank Abu Dhabi Commercial Bank Aditya Birla Idea Payments Bank Ahmedabad Mercantile Coop Bank Airtel ...

The Reserve Bank of India (RBI) has superseded the board of New Co-operative Bank of India Ltd. for 12 months, a day after the banking regulator placed operational curbs on the lender citing poor ...