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RBI allows NICB depositors to withdraw up to Rs 25,000 from February 27
Business

RBI allows NICB depositors to withdraw up to Rs 25,000 from February 27

In a relief for depositors at the New India Co-operative Bank (NICB), the Reserve Bank of India (RBI) has now allowed customers to withdraw up

RBI supersedes New India Cooperative Bank’s board for 12 months
Business

RBI supersedes New India Cooperative Bank’s board for 12 months

A day after barring New India Cooperative Bank from accepting fresh deposits, offering loans, and making investments, the Reserve Bank of India (RBI) today superseded

RBI bars New India Co-operative Bank from offering fresh loans, deposits
Business

RBI bars New India Co-operative Bank from offering fresh loans, deposits

The Reserve Bank of India (RBI) today barred New India Co-operative Bank from granting or renewing loans, accepting fresh deposits, make investment, disbursing any payment