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 ...

The Vice Chairman of Co-opholdings Co-operative Society, which is the majority shareholder of the Co-operative Bank, Patrick ...

The series of events leads us into a flashback of the cataclysmic failure of another co-operative bank, Punjab & Maharashtra ...

RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...

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

Expressing concern over their deposits in the bank, several customers reached the bank branch and enquired about their ...

The RBI has superseded the Board of Directors of the Bank for 12 months. It has appointed Shreekant, former Chief General ...

These directions came into effect on from the close of business on Thursday and are expected to remain in force for a period ...