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 has enforced restrictions on New India Co-operative Bank after allegations of a ₹122 crore fraud ...

Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board ...

In a major shocker, the Reserve Bank of India has imposed stringent restrictions on New India Co-operative Bank, leaving numerous depositors in turmoil. Significant financial irregularities are said ...

RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

MUMBAI: The Mumbai police on Saturday arrested Hitesh Mehta, General Manager and Head of Accounts of the New India ...

The police suspect that Hitesh Mehta and another unidentified individual were involved in orchestrating the fraud.

Two days after the Reserve Bank of India (RBI) imposed restrictions on the operations of New India Cooperative Bank, a First ...

The public sector lender had initially set a base issue size of Rs 1,500 crore, with an option to raise up to Rs 3,500 crore.

The Mumbai police have registered a case against the New India Cooperative Bank's General Manager and Head of Accounts along ...

A day after the the Reserve Bank of India superseded the board of the New India Cooperative Bank, Mumbai Police have ...

A major scam involving New India Co-operative Bank in Mumbai has come to light, with the bank's General Manager, Hitesh Mehta ...