New India Co-operative Bank: How a former GM was involved in ₹122-crore fraud — Explained
New India Co-operative Bank fraud case emerged as a former general manager of the bank, Hitesh Pravinchand Mehta, was ...
Co-op bank scam: Ex-CEO who ‘signed the balance sheets’ held
Mumbai: New India Cooperative Bank's former CEO, during whose tenure Rs 122 crore of the bank's deposits were misappropriated ...
The Financial Express1h
Do not keep all fixed deposits in one bank
The NICB fraud has revived concerns over deposit safety in co-operative banks, with 430 such bank failures since 1962, risking thousands of crores of depositor funds.
Mint Primer | Cooperative bank crisis: Has anything changed since PMC's plight in 2019?
The RBI has imposed strict regulations on New India Cooperative Bank following an alleged fraud, halting withdrawals and ...
devdiscourse7h
High-Profile Arrests in New India Cooperative Bank Scam
Hitesh Mehta and other executives are in police custody over a Rs 122 crore embezzlement at New India Cooperative Bank. The ...
New India Co-operative Bank update: Will RBI give some relief to depositors?
The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...
Mumbai police arrest former New India Cooperative Bank CEO in Rs 122 crore scam
The Economic Offence Wing of the Mumbai Police arrested Abhimanyu Bhoan, the former CEO of New India Cooperative Bank, late ...
New India Co-Operative Bank Case: From PMC Bank To Others, A Look Into Failures Of Co-Operative Lenders In The Past
The series of events leads us into a flashback of the cataclysmic failure of another co-operative bank, Punjab & Maharashtra ...