Mumbai: Funds of over a lakh depositors and several cooperative housing societies are stuck with New India Cooperative Bank ...

RBI appoints administrator for New India Cooperative Bank, depositors panic, eligible for up to Rs 5 lakh insurance claim.

The RBI has taken decisive action against New India Co-operative Bank due to misappropriation of funds by staff members. Over 90% of depositors will receive up to Rs 5 lakh through deposit insurance.

The Reserve Bank of India imposed multiple restrictions on the Mumbai-based New India Co-operative Bank on Thursday. The ...

The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank Limited in Mumbai, citing ...

The Reserve Bank of India (RBI) has banned New India Co-operative Bank from issuing fresh new loans and or allowing withdrawals of deposits.

NaBFID has sought a relaxation in capital requirement norms from the Reserve Bank of India (RBI) to enable an efficient ...

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 ...

On Friday on NSE, shares of Paisalo Digital Ltd gained 5.36 per cent to Rs 41.65 per share from its intraday low of Rs 39.53 per share. The stock’s 52-week high is Rs 99.63 per share and its 52-week ...

RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

Adani Ports became the top loser as it came down nearly 4%. Among other Sensex 30 shares, Sun Pharma, UltraTech Cement, ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...