The RBI has also appointed a 'Committee of Advisors' to assist the Administrator in discharging his duties. The members of the Committee of Advisors are Ravindra Sapra (former General Manager, SBI) ...

A 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 ...

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A day after imposing several restrictions on city-based New India Co-operative Bank, the RBI on Friday superseded its board ...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 The bank's board has been superseded, and depositors are ...

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.

RBI appoints administrator for New India Cooperative Bank, depositors panic, eligible for up to Rs 5 lakh insurance claim.

Customers queued outside New India Cooperative Bank's branches in Mumbai on Friday seeking answers on the abrupt shut down of ...