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 ...

Indian banks' net interest margins (NIMs) will likely decline by 10 basis points on average in 2025-26 due to the Reserve ...

The Indian rupee has seen an increase in volatility after the central bank's unexpected and aggressive intervention in the ...

MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...

The Reserve Bank of India has enforced restrictions on New India Co-operative Bank after allegations of a ₹122 crore fraud ...

According to the report by the World Gold Council, the Reserve Bank of India (RBI) purchased an additional 8 tons of gold in ...

Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board ...

The public sector lender had initially set a base issue size of Rs 1,500 crore, with an option to raise up to Rs 3,500 crore.

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

MUMBAI: The Mumbai police on Saturday arrested Hitesh Mehta, General Manager and Head of Accounts of the New India ...

The police suspect that Hitesh Mehta and another unidentified individual were involved in orchestrating the fraud.

Deposit holders of New India Co-operative Bank cannot withdraw money from their bank accounts with effect from February 13, ...