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Big depositors of fraud-hit NICB plan association to recover funds
Business

Big depositors of fraud-hit NICB plan association to recover funds

Big depositors of the fraud-hit New India Co-operative Bank (NICB) plan to take a leaf out of the strategy adopted by the erstwhile Punjab &

Depositors at NICB on tenterhooks, worried over how they will pay salaries
Business

Depositors at NICB on tenterhooks, worried over how they will pay salaries

Saeed Ahmad Siddiqui, Secretary, Sarla CHS Ltd, Versova is distraught. He wonders how he will pay the society’s water and electricity bills and the staff

NICB collapse: Dynastic control in Urban Co-op Banks needs to be urgently addressed, says RBI Central Board Director
Business

NICB collapse: Dynastic control in Urban Co-op Banks needs to be urgently addressed, says RBI Central Board Director

The issue of dynastic control in some of the Urban Co-operative Banks (UCBs) needs to be urgently addressed to ensure that depositors interests are protected,