A day after the Reserve Bank of India barred New India Co-operative Bank from issuing new loans and suspended deposit withdrawals for six months, citing supervisory concerns and the lender`s liquidity ...

RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any ...

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

Customers queued outside New India Cooperative Bank's branches in Mumbai on Friday seeking answers on the abrupt shut down of ...

According to the sources, the administrator and advisers have been tasked with quickly assessing the situation, restoring ...

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's ...

The India-US TRUST initiative, focused on critical minerals, will support India's National Critical Mineral Mission, aiming ...

Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, ...

Foreign investor sell-offs, slowing earnings, and global uncertainty have clouded India’s market outlook. While some experts ...

The RBI has barred the New India Co-operative Bank Ltd from issuing loans or permitting withdrawals for six months ...

The RBI has superseded the Board of Directors of the Bank for 12 months.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