A routine audit at New India Cooperative Bank uncovered a Rs 122-crore cash shortfall. A senior bank employee’s statement, ...

Hitesh Mehta, the general manager of New India Cooperative Bank, was arrested by Mumbai police for allegedly embezzling Rs ...

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

Prime Minister Narendra Modi on Saturday said property value worth Rs 100 lakh crore has been unlocked in rural areas on the ...

The RBI barred the Mumbai-based bank from issuing new loans, accepting fresh deposits, and suspended withdrawals for six ...

The Reserve Bank of India (RBI) on Thursday prohibited the NICB from issuing new loans and suspended deposit withdrawals for ...

The Mumbai Police Economic Offences Wing (EOW) has initiated a probe into alleged financial irregularities at New India Cooperative Bank after a complaint was filed by a bank representative.

Police suspect Mehta had an accomplice, and the case has now been transferred to the Economic Offences Wing (EOW) for further ...

The RBI on Thursday imposed several restrictions on the city-based bank, including on withdrawal of funds by depositors, amid supervisory concerns.

Non-oil exports are projected at $382 billion, while non-oil and non-gems and jewellery exports are expected to touch $350 ...

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New India Cooperative Bank has 28 branches and most of them are located in Mumbai, while two are in Surat in neighbouring ...