More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under moratorium by RBI due to supervisory concerns. An administrator and committee ...

MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank in Mumbai, citing supervisory concerns over its financial position. As per the restrictions which are ...

"This app offers quick access to the Database on the Indian Economy (https://data.rbi.org.in) portal and aims to serve the researchers, students, and the general public," it said.

Mehta will be produced before a local court on Sunday. The RBI, along with superseding the cooperative bank's board, appointed an administrator to manage its ongoing affairs. Also Read ...

The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits.

The RBI has appointed former SBI CGM Shreekant as the bank’s administrator and formed a committee of advisors to assist the administrator. Eligible depositors can get funds of up to ₹5 lakh ...

India's central bank, the Reserve Bank of India (RBI), is set to ramp up the liquidity in the nation's banking system through the infusion of $16 billion by next week amid the large tax outflows ...

Soon after the announcement, long queues formed outside several branches of the bank, with customers desperately seeking answers. At the Mahavir Nagar branch in Kandivali West, people waited in ...

People have gathered outside Mumbai-based New India Co-operative Bank as the Reserve Bank of India (RBI) has issued a notice to the Bank imposing restrictions, which prohibits it from issuing new ...

The Reserve Bank of India (RBI) has injected around Rs 43.21 lakh crore in the banking system since the new governor Sanjay Malhotra took charge in December to navigate the challenging liquidity ...

RBI now owns nearly 100 percent of the Burger King China segment and said it will engage advisers to assist the company in finding a new local partner to “inject primary capital into the business and ...