A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...

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

Due to the stringent restrictions imposed by the Reserve Bank on the New India Co-operative Bank (NICB) from February 14, the ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

Former New India Coop Bank GM Hitesh Mehta is suspected of misappropriating Rs 122 crore by directing staff to distribute ...

During an RBI inspection on February 12, Rs 112 crore was found missing from the bank's Prabhadevi branch, and an additional ...

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

On February 14, the Reserve Bank of India (RBI) imposed restrictions on Mumbai-based New India Cooperative Bank Ltd over ...

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

On Thursday, the police recorded the statement of Abhijeet Deshmukh, who audited the accounts of the bank between 2019 and ...

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

Hitesh Mehta, the general manager of New India Cooperative Bank, was arrested by Mumbai police for allegedly embezzling Rs ...