Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, the central bank said in a statement Friday, a day after it imposed several restrictions on the lender.
Account holders in thousands gathered outside Mumbai-headquartered New India Co-operative Bank Limited branches to withdraw their hard-earned savings, soon after the Reserve Bank of India put several restrictions on the lender.
According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions st
Kerala [India], January 29: Go Planet-D by Debongo being the world's first 100% sustainable and circular footwear brand is a noteworthy achievement for all Indian businesses. An Indian brand rising up to be the world's first 100% sustainable and circular footwear brand showcases the resurgen
Dubai [UAE], January 29: The Skill Craft Summit 2025, held on January 11-12 at Amity University, marked a transformative milestone for global leadership, innovation, and sustainability. What made this summit exceptional was its visionary leader: Arhaan Ashish Jain, a 16-year-old Indian NRI,
She said, "We have more than 100 Unicorns in the country. All the old startups can be seen here in Davos. But now it is time that Indian investors and startups should be seen here, because that is the new India."
"One of the greatest economists, leaders, reformer, and above all, a humanitarian of our times Shri #ManmohanSingh ji is no more. A man of virtue, impeccable integrity, marked above all by a humane touch in decision making, Dr Singh is one of true architects of new India," Revanth Reddy p
Speaking to the mediapersons, the Union Minister Dr. Mansukh Mandaviya said, "Under the leadership of PM Modi, a new India is emerging, with new employment opportunities being created in both the government and private sectors and job placements being done. I am happy that in the 14th editio
Panchkula (Haryana) [India], December 20: The two-day annual event, Satluj Pride, was held at Satluj Public School, Sector 4, Panchkula. This year marked the 48th edition of the program, celebrating the theme, "New India: Forging Futures, Celebrating Culture."
New Delhi [India], November 26: Beyond the Higgs Boson: The W Boson and Dr. Ashutosh Kotwal's Quest for the Unknown is an inspirational and compelling tale of how a boy from India made it to the forefront of research in physics.
New Delhi [India], November 25: Easyrewardz, one of the leading industry players in CRM SaaS solutions, has raised USD 4 million funding led by Prachetas New India Growth Fund with participation from existing investors Ashish Kacholia (Lucky Investments), and IIFL Fintech Fund.
EAM S Jaishankar inaugurated the new Indian Embassy in Rome, emphasising the strengthening of India-Italy ties and the importance of the India-Middle East-Europe Connectivity Corridor (IMECC). He highlighted the growing bilateral relationship, the opportunities for collaboration in various s