“The Hon’ble NCLT vide order dated 20 February 2025, has admitted the application for commencement of corporate insolvency ...

The Reserve Bank of India (RBI) has superseded the board of New India Co-operative Bank in Mumbai, citing poor governance ...

In the appeal dismissal, the judge said that "this latter appointment superseded the earlier appointment and is plainly ...

On Thursday, the Reserve Bank of India restricted New India Cooperative Bank from issuing loans, accepting new deposits, or ...

The Reserve Bank of India (RBI) on Friday took strong action against the New India Co-operative Bank by removing its board of ...

RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative bank's board for a year and appointed an administrator ...

The RBI has been cracking down on erring co-operative banks but the underlying problems, especially governance, persist ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative bank's board for a year and appointed an administrator ...

Meanwhile, Mumbai police has arrested Hitesh Mehta, General Manager and Head of Accounts of the New India Cooperative Bank, ...

In the appeal dismissal, the judge said that "this latter appointment superseded the earlier appointment and is plainly consistent with the process for 'recess appointments'.

A day after the the Reserve Bank of India superseded the board of the New India Cooperative Bank, Mumbai Police have ...