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 ...

More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...

State Bank of India closed 20.84% below its 52-week high of 912.10 rupees, which the company achieved on June 3rd.

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

The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...

Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...

The Reserve Bank of India has constituted a Committee of Advisors to assist the administrator, comprising Ravindra Sapra, ...

MUMBAI: The economic offences wing of the Mumbai Police have registered a case against Hitesh Praveenchand Mehta, a former ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...

The Reserve Bank of India (RBI) has superseded the board of New India Co-operative Bank in Mumbai, citing poor governance ...

Police suspect Mehta had an accomplice, and the case has now been transferred to the Economic Offences Wing (EOW) for further ...

SBI, India's biggest public sector bank, offers a 7.50 per cent interest rate on fixed deposits made by senior citizens.