The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...

The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...

RBI has taken control of New India Co-operative Bank, citing poor governance, and imposed withdrawal limits, sparking panic ...

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy ...

Reserve Bank of India (RBI) has issued a notice to New India Co-operative Bank imposing restrictions, which prohibits it from ...

Mumbai: Funds of over a lakh depositors and several cooperative housing societies are stuck with New India Cooperative Bank ...

The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any ...

The challenges for India started in Oct 2024 itself. Multiple events lead to this sell off. Firstly, valuations in India had ...

New India Co-operative Bank has been struggling with financial losses in recent years. According to its annual report, the ...

Further, RBI imposed a penalty of Rs 6.70 lakh on Ujjivan Small Finance Bank for non-compliance with certain directions ...

A day after imposing business restrictions on the city-headquartered New India Cooperative Bank, the Reserve Bank on Friday superseded the lender’s board citing governance lapses and appointed an ...

The Reserve Bank of India imposed multiple restrictions on the Mumbai-based New India Co-operative Bank on Thursday. The ...