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 ...

New India Cooperative Bank GM Hitesh Mehta has been accused of embezzling Rs 122 crore from the Mumbai-based bank. In this ...

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

The Economic Offences Wing (EOW) is investigating a Rs122 crore fraud involving Hitesh Pravinchand Mehta, former General ...

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

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

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The Reserve Bank of India (RBI) on Friday superseded the cooperative bank's board for a year and appointed an administrator ...

Mumbai Police on Saturday arrested Hitesh Mehta, General Manager of New India Cooperative Bank, for allegedly embezzling ₹122 ...

The EOW team took Mehta into custody and reached the EOW office. The arrest took place after the authorities investigated the ...

The RBI has replaced the board of New India Cooperative Bank, appointing Shreekant as Administrator for 12 months.