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 ...
The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
The branch will function as Bank of Maharashtra's first international branch carrying out offshore banking operations from ...
A Mumbai court has remanded Hitesh Mehta, a former general manager of New India Cooperative Bank, and Dharmesh Paun in police ...
According to the report by the World Gold Council, the Reserve Bank of India (RBI) purchased an additional 8 tons of gold in ...
Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board ...
Deposit holders of New India Co-operative Bank cannot withdraw money from their bank accounts with effect from February 13, ...
The accused, identified as Hitesh Mehta, 57, allegedly confessed to the crime and told the police he had been taking cash ...
People in the know state that 90% of the 1.3 lakh depositors of New India Cooperative Bank are fully covered under the ...
The case pertains to the syphoning off Rs 122 crore by the prime accused former General Manager Hitesh Mehta. After ...
However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...