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Ex-GM of New India Co-operative Bank booked for Rs 122 crore fraud
Amid growing panic among account holders of New India Co-operative Bank, the Mumbai Police have registered a case against the bank’s former General Manager, Hitesh Praveenchand Mehta, for allegedly siphoning Rs 122 crore from its treasury.
Former general manager of New India Cooperative Bank, banned by RBI, 'cheated' bank of ₹122 crore
Hitesh Mehta, former general manager and head of accounts at New India Cooperative Bank, has been booked for cheating the bank of ₹122 crore.
New India Cooperative Bank GM Hitesh Mehta arrested by EOW for allegedly embezzling Rs 122 crore
New India Cooperative Bank GM Hitesh Mehta has been accused of embezzling Rs 122 crore from the Mumbai-based bank. In this regard, a case was registered against him on the basis of a complaint filed by the bank’s Chief Accounts Officer at Dadar police station.
Troubles at New India Coop Bank: Case filed against former General Manager for embezzlement
A day after the the Reserve Bank of India superseded the board of the New India Cooperative Bank, Mumbai Police have registered a case against the bank's former general manager for allegedly siphoning off Rs 122 crore from the bank. The case has now been transferred to the Economic Offences Wing.
EOW Takes GM Hitesh Mehta Into Custody As Investigation Deepens Into New India Cooperative Bank
The EOW team took Mehta into custody and reached the EOW office. The arrest took place after the authorities investigated the Aryavrat society.
India's central bank supersedes board of New India Co-operative Bank
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 after its depositors were barred from withdrawing money from the lender.
Former New India Cooperative Bank GM arrested by EOW
Hitesh Mehta was on Saturday evening arrested by the Economic Offences Wing (EOW) of Mumbai Police, the officials said. Mehta was initially detained by the police following a raid at his residence in Dahisar area of Mumbai,
Spooked by RBI ban, New India Co-op Bank customers throng branches
All requests for withdrawal of funds were turned down, with banners at branch gates saying deposits would be paid back in around 90 days
RBI supersedes New India Cooperative Bank board, appoints administrator amid fund misuse allegations
The Reserve Bank of India (RBI) on Friday took control of the board of Mumbai-based New India Cooperative Bank for a year and appointed former SBI chief general manager Shreekant as the administrator to oversee its operations,
RBI restrictions on New India Co-op Bank: Angry customer asks questions
As the RBI`s restrictions on the New India Cooperative Bank entered its second day, angry customers gathered outside multiple bank branches in parts of Mumbai, grappling with uncertainty over their finances are trying to seek answers to their questions.
RBI supersedes New India Co-operative Bank board for 12 months after imposing restrictions over lending irregularities
A day after imposing several restrictions on city-based New India Co-operative Bank, the RBI on Friday superseded its board citing poor governance standards. A large number of bank's customers had gathered at its branches on Friday following RBI's restrictions,
New India Co-operative Bank Row: EOW Arrests Former GM Hitesh Mehta For Alleged ₹122 Crore Fraud
The police suspect that Hitesh Mehta and another unidentified individual were involved in orchestrating the fraud.
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EOW Investigates Rs122 Crore Fraud at New India Co-operative Bank
The Economic Offences Wing (EOW) is investigating a Rs122 crore fraud involving Hitesh Pravinchand Mehta, former General ...
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Mumbai: New India Cooperative Bank Manager Hitesh Mehta Arrested; Is Your Money Safe? Read Details Here
The Mumbai Police's Economic Offences Wing (EOW) on Saturday arrested General Manager of New India Cooperative Bank, Hitesh ...
Mumbai police arrest New India Cooperative Bank’s General Manager Hitesh Mehta for ₹122 crore scam
Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board ...
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New India Co-operative Bank ex-manager under probe for Rs 122-crore fraud: Cops
The RBI barred the Mumbai-based bank from issuing new loans, accepting fresh deposits, and suspended withdrawals for six ...
New India Co-operative Bank fraud: Ex-GM booked for allegedly siphoning Rs 122 crore
Police suspect Mehta had an accomplice, and the case has now been transferred to the Economic Offences Wing (EOW) for further ...