India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...

India on Saturday appointed its former central bank chief Shaktikanta Das as Prime Minister Narendra Modi's principal ...

The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special ...

Indian drugmakers are hoping that bilateral discussions between the country and the United States will help them steer clear ...

Mumbai Police’s Economic Offences Wing arrested ex-CEO Abhimanyu Bhoan in a Rs 122 crore fraud at New India Cooperative Bank.

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and ...

These comments came when the government last month approved fund-raising plans of up to Rs 10,000 crore for five PSBs through ...

Odisha has a diverse set of banking holidays in 2025, featuring both national holidays and state-specific festivals. Along with the holidays prescribed by the Reserve Bank of India, Odisha celebrates ...

Authorities were aware the bank was in an unhealthy state since non-performing assets were rising following the disbursal of ...

The investigation has revealed that a former employee of the bank alerted the RBI about the situation, which is currently being verified.

The police have also recorded the statement of the bank’s chief executive officer from 2019 to 2022, when the alleged fraud ...