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 ...
RBI freezes New India Cooperative Bank deposits after missing funds complaint; assures safety of deposits up to Rs 5 lakh
More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...
RBI clamps curbs on New India Co-operative Bank, depositors queue up outside branches
This is the first major action against a co-operative bank in Maharashtra after the collapse of Punjab and Maharashtra ...
RBI supersedes New India Cooperative Bank board for 12 months
Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, ...
RBI Supersedes Board Of New India Co-Operative Bank
The Reserve Bank of India has appointed Shreekant, a former chief general manager of State Bank of India (SBI) as ‘Administrator’ to manage the affairs of the bank.
RBI supersedes board of Mumbai-based New India Co-op Bank
The RBI has superseded the board of city-based New India Co-operative Bank, citing poor governance standards. Following ...
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RBI curbs New India Co-op Bank over alleged fund misuse; 90% depositors insured
To protect depositors’ interests, RBI imposed withdrawal restrictions and took control of the bank’s management. The ...
New India Co-operative Bank crisis: RBI supersedes lender's board for 12 months
The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...
RBI supersedes Board of New India Co-operative Bank; customers in distress
The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing ...