The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...
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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 ...
Mumbai: Thousands of anxious depositors of the New India Cooperative Bank, which was once controlled by the socialists, ...
Mumbai: Funds of over a lakh depositors and several cooperative housing societies are stuck with New India Cooperative Bank ...
Surat: There was panic among clients of New India Co-Operative Bank in the city on Friday, after they learned about ...
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) ...
This is the first major action against a co-operative bank in Maharashtra after the collapse of Punjab and Maharashtra ...
Customers queued outside New India Cooperative Bank's branches in Mumbai on Friday seeking answers on the abrupt shut down of ...
Due to supervisory concerns and liquidity issues, the RBI has imposed restrictions on New India Co-operative Bank, limiting ...
The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender’s staffers, sources said on Friday. Over 90 per cent of the city-based bank’s 1.3 lakh ...
RBI has taken control of New India Co-operative Bank, citing poor governance, and imposed withdrawal limits, sparking panic ...
RBI appoints administrator for New India Cooperative Bank, depositors panic, eligible for up to Rs 5 lakh insurance claim.
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