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 ...

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.

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 ...

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 ...

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 ...

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 ...

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 ...

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 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.