The bank’s depositors will not be able to make withdrawals for six months. The RBI has also barred new loans and deposits. However, customers can file deposit insurance claims to the extent of Rs 5 ...

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

The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...

The RBI has superseded the board of city-based New India Co-operative Bank, citing poor governance standards. Following ...

The Reserve Bank of India (RBI) has superseded the board of New India Co-operative Bank in Mumbai, citing poor governance ...

The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments. It can also cover essential operating expenses, including employee ...

Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, ...

Account holders in thousands gathered outside Mumbai-headquartered New India Co-operative Bank Limited branches to withdraw ...