RECPDCL handed over Lakadia B Power SPV to Reliance via TBCB. The ₹512.58 Cr project boosts Gujarat's power capacity. REC ...

Two days after the Reserve Bank of India (RBI) imposed restrictions on the operations of New India Cooperative Bank, a First ...

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

A major scam involving New India Co-operative Bank in Mumbai has come to light, with the bank's General Manager, Hitesh Mehta ...

Panic gripped customers of New India Co-operative Bank after the Reserve Bank of India (RBI) imposed severe restrictions on ...

The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments ...

MUMBAI: The economic offences wing of the Mumbai Police have registered a case against Hitesh Praveenchand Mehta, a former general manager and head of accounts ...

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

Depositors of New India Co-operative Bank face restrictions on withdrawals after RBI takeover, sparking panic among customers ...

RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

The RBI has taken decisive action against New India Co-operative Bank due to misappropriation of funds by staff members. Over 90% of depositors will receive up to Rs 5 lakh through deposit insurance.