The Reserve Bank of India (RBI) has barred Mumbai-based New India Co-operative Bank from issuing new loans and suspended ...

A long queue of customers was seen outside New India Co-operative Bank's branch in Mumbai on Friday after the Reserve Bank of ...

A day after Reserve Bank of India (RBI) imposed restrictions on the Mumbai-based New India Co-operative Bank, anxious customers gathered outside its branches, raising concerns over their deposits.

Reserve Bank of India (RBI) has issued a notice to New India Co-operative Bank imposing restrictions, which prohibits it from ...

The central bank has said that depositors are unable to withdraw funds due to liquidity challenges faced by New India ...

The bank has been barred from accepting new deposits or allowing withdrawals, leaving account holders in distress ...

These restrictions came into effect on Thursday (February 13) and will remain for six months, subject to review.

RBI’s move comes after what it called 'recent material developments' at the bank. Although the central bank did not provide ...

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 dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...

The Reserve Bank of India (RBI) on Friday issued a notice imposing restrictions on New India Co-operative Bank Limited, Mumbai, barring it from carrying out financial operations without prior approval ...

The RBI on Thursday imposed several restrictions on city-based New India Co-operative Bank, including on withdrawal of funds ...