Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board ...
More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...
The police suspect that Hitesh Mehta and another unidentified individual were involved in orchestrating the fraud.
RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...
New India Cooperative Bank GM Hitesh Mehta has been accused of embezzling Rs 122 crore from the Mumbai-based bank. In this ...
MUMBAI: The Economic Offences Wing (EOW) of the Mumbai Police arrested Hitesh Praveenchand Mehta, a former General Manager ...
A day after the the Reserve Bank of India superseded the board of the New India Cooperative Bank, Mumbai Police have ...
The EOW team took Mehta into custody and reached the EOW office. The arrest took place after the authorities investigated the ...
The RBI on Thursday imposed several restrictions on the city-based bank, including on withdrawal of funds by depositors, amid supervisory concerns.
Mumbai police arrested Hitesh Mehta, GM and head of accounts at New India Cooperative Bank, for allegedly embezzling Rs 122 ...
Police suspect Mehta had an accomplice, and the case has now been transferred to the Economic Offences Wing (EOW) for further ...
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