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 ...

State Bank of India (SBI) , the country's top lender by assets, expects the industry's concerns over retail borrowers ...

State Bank of India closed 19.86% below its 52-week high of 912.10 rupees, which the company achieved on June 3rd.

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

State Bank of India closed 20.84% below its 52-week high of 912.10 rupees, which the company achieved on June 3rd.

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

The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...

MUMBAI: A day after banning it from giving out new loans and from taking deposits and also banning its depositors from taking ...

The Reserve Bank of India (RBI) has superseded the board of New India Co-operative Bank in Mumbai, citing poor governance ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...

RBI supersedes New India Co-operative Bank board for poor governance, appoints committee to manage bank affairs. Deposit insurance available.

The RBI has superseded the Board of Directors of the Bank for 12 months. It has appointed Shreekant, former Chief General ...