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

Mumbai Police’s Economic Offences Wing arrested ex-CEO Abhimanyu Bhoan in a Rs 122 crore fraud at New India Cooperative Bank.

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

A court on Friday extended the police remand of Hitesh Mehta, the main accused in the Rs 122 crore New India Cooperative Bank ...

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

A Mumbai court has remanded Hitesh Mehta, a former general manager of New India Cooperative Bank, and Dharmesh Paun in police ...

The police have also recorded the statement of the bank’s chief executive officer from 2019 to 2022, when the alleged fraud ...

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

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

Economic Offences Wing (EOW) of Mumbai Police has arrested former chief executive officer (CEO) of the New India Co-Operative Bank Abhimanyu Bhoan in a ₹ 122 crore embezzlement case, an official said ...

The crisis unfolded on Friday, February 14, as panic-stricken depositors rushed to the branches of Mumbai-based New India ...

The Mumbai Police are investigating a ₹122 crore fraud at New India Cooperative Bank and have sought information from the RBI ...