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 ...

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.

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 ...

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 ...

What to make of the New India Cooperative Bank fiasco? Image: Express Photos What to make of the New India Cooperative Bank fiasco? Banking sector veterans say this is not new. These developments ...

The Reserve Bank of India (RBI) has superseded the board of New Co-operative Bank of India Ltd.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 ...

Paul Flowers failed to appear for sentencing Credit: PA Images A judge has issued a warrant for the arrest of disgraced former Co-operative Bank chairman Paul Flowers after he failed to appear at ...