The RBI barred the Mumbai-based bank from issuing new loans, accepting fresh deposits, and suspended withdrawals for six ...

Banks typically offer higher interest on their long-term deposits and lower interest on short-term fixed deposits ...

Mumbai police have filed a case against the New India Cooperative Bank's General Manager and Head of Accounts for embezzling Rs 122 crore. The case, now with the Economic Offences Wing, involves ...

Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...