As early as in January 2020, ex-employees of New India Cooperative Bank Ltd had warned the Reserve Bank of India (RBI) about ...

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 ...

Another cooperative bank is again at the centre of a financial scandal, with the arrest of Hitesh Mehta, general manager and ...

The Reserve Bank of India (RBI) has superseded the board of New Co-operative Bank of India Ltd. for 12 months, a day after the banking regulator placed operational curbs on the lender citing poor ...

imposed restrictions on the New India Co-operative Bank due to supervisory concerns, the central bank today superseded the Board of Directors of the Bank for 12 months. It has appointed Shreekant ...