New India Co-operative Bank: How a former GM was involved in ₹122-crore fraud — Explained
[ad_1] India’s central bank, the Reserve Bank of India (RBI), superseded the Maharashtra-based New India Co-operative Bank for the upcoming 12 months on Friday, February 14, after flagging concerns over poor governance standards and irregularities in its core lending operations. A former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly involved in siphoning…
