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Mid-Day on MSNRBI supersedes board of Mumbai-based New India Co-op BankA day after imposing several restrictions on Mumbai-based New India Co-operative Bank, the Reserve Bank of India (RBI) on ...
RBI has taken control of New India Co-operative Bank, citing poor governance, and imposed withdrawal limits, sparking panic ...
Mumbai: Funds of over a lakh depositors and several cooperative housing societies are stuck with New India Cooperative Bank ...
The Reserve Bank of India (RBI) on Friday took strong action against the New India Co-operative Bank by removing its board of ...
This is the first major action against a co-operative bank in Maharashtra after the collapse of Punjab and Maharashtra ...
The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender's staffers, ...
A day after imposing several restrictions on city-based New India Co-operative Bank, the RBI on Friday superseded its board ...
The Reserve Bank of India (RBI) has taken action against New India Co-operative Bank due to alleged fund misappropriation by staff members. The bank's board has been superseded, and depositors are ...
Deposit holders of New India Co-operative Bank cannot withdraw money from their bank accounts with effect from February 13, ...
Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, ...
The Reserve Bank of India has appointed Shreekant, a former chief general manager of State Bank of India (SBI) as ‘Administrator’ to manage the affairs of the bank.
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