India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...
RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...
4hon MSN
RBI has taken control of New India Cooperative Bank’s board for a year, appointing an administrator amid fund misuse ...
India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.
The Reserve Bank of India (RBI) on Friday superseded the board of Mumbai based New India Cooperative Bank for a period of twelve months, and appointed Shreekant, former chief general manager of State ...
This comes after the close of the bank's business on Thurs3, 2025. The restrictions would continue for a six month period, ...
Gulfbusiness.com on MSN8d
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachMUMBAI -- The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and ...
Projects FY26 inflation at 4.2%, GDP growth at 6.7% ...
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
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