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

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

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

India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...

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

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

Mumbai: The Economic Offences Wing (EOW) of Mumbai Police has uncovered shocking details in its probe into the ₹122 crore ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

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

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 ...

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