More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...
Deposit holders of New India Co-operative Bank cannot withdraw money from their bank accounts with effect from February 13, ...
Depositors of New India Co-operative Bank face restrictions on withdrawals after RBI takeover, sparking panic among customers ...
New India Co-operative Bank, a Mumbai-based co-operative bank, has been barred from carrying out regular business by the ...
Mumbai: Worried depositors thronged New India Cooperative Bank's branches on Friday to inquire if their deposits were safe.
The RBI has said depositors cannot withdraw funds from their savings, current or any other account in the six-month period ...
The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments ...
The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender's staffers, ...
The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...
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The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...
What to make of the New India Cooperative Bank fiasco? Banking sector veterans say this is not new. These developments tend ...