More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under moratorium by RBI due to supervisory concerns. An administrator and committee ...

‘Nandadeep’, of Mapusa Urban Co-operative Bank at Mapusa town, along with land measuring 2,538sqm, valued at Rs 25 crore. Govt plans to construct a new office of the Mapusa sub-registrar on ...

The Mumbai police on Saturday (February 15, 2025) arrested Hitesh Mehta, General Manager and Head of Accounts of the New India Cooperative Bank, for allegedly misappropriating ₹122 crore from ...

The Shiv Sena (UBT) leader Sanjay Raut on Monday accused Bharatiya Janata Party (BJP) workers of being involved in the recent New India Cooperative Bank scam where funds worth ₹122 crore has ...

JP Morgan is running out of desk space at its London headquarters as it pushes its 22,000 UK staff to return to the office five days a week. The investment bank currently lacks the space in its ...

An FIR has been filed against Mehta, including charges of criminal breach of trust and conspiracy under the Bharatiya Nyaya Sanhita. A Mumbai court has remanded Hitesh Mehta and Dharmesh Paun, the ...

Founded in 1964, the original Cooperative Bank had grand plans but withered under the weight of undercapitalisation and a crippling Shs4.8 billion insolvency before its closure in 1999.

In the ongoing probe on the New Cooperative Bank fraud, at least half a dozen former directors of the bank have told investigators that they were unaware of the alleged Rs 122 crore embezzlement ...

Mehta allegedly misappropriated around ₹122 crore from vaults in the bank’s Prabhadevi head office and Goregaon ... restrictions on the New India Cooperative Bank on February 13 due to alleged ...

Mumbai: In a fresh twist to the New India Cooperative Bank ₹122 crore scam, accused Dharmesh Paun has claimed that he received ₹2 crore from main accused Hitesh Mehta, but later returned ₹1. ...

PC gamers looking for a desk that can fit into a small space should strongly consider the Costway gaming desk. Although it is a 55-inch desk, which means users can easily store their gaming ...

However, for nearly two decades, she’s been running Reading Cooperative Bank, a mutual bank whose footprint will soon stretch from the Lynn shoreline to the New Hampshire border. Thurlow made a ...