The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...

Digital lending is reshaping credit access across India, with projected disbursements reaching ₹47.4 trillion by FY26. Mint’s new anthology of the digital revolution in lending, ’The State of Credit’, ...

RBI supersedes New India Co-operative Bank board for poor governance, appoints committee to manage bank affairs. Deposit insurance available.

The RBI has superseded the Board of Directors of the Bank for 12 months. It has appointed Shreekant, former Chief General ...

RBI supersedes New India Co-operative Bank board for 12 months after imposing restrictions over lending irregularities ...

Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, ...

The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender's staffers, ...

The Reserve Bank of India (RBI) on Friday superseded the board of Mumbai based New India Cooperative Bank for a period of twelve months, and appointed Shreekant, former chief general manager of State ...

The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing ...

The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any ...

The Reserve Bank of India (RBI) has taken action against New India Co-operative Bank due to alleged fund misappropriation by staff members. The bank's board has been superseded, and depositors are ...