RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

RBI has taken control of New India Cooperative Bank’s board for a year, appointing an administrator amid fund misuse ...

The RBI has doubled the quantum of government securities it aims to purchase Rs to 400 billion rupees ($4.61 billion) on a ...

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 after its depositors were barred from withdrawing money from the lender. The ...

The Reserve Bank of India (RBI) on Friday superseded the board of Mumbai based New India Cooperative Bank for a period of twelve months, and appointed Shreekant, former chief general manager of State ...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

This comes after the close of the bank's business on Thurs3, 2025. The restrictions would continue for a six month period, ...

India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...

The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...