New India Cooperative Bank General Manager arrested for ...
Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board supersession.
Read more at The Hindu
'How will we withdraw…': Hundreds gather outside New India Co ...
The RBI imposed an immediate restriction on all businesses and services activities for the New India Co-operative Bank due to irregularities reported in its ...
Read more at Livemint
New India Co-operative Bank - 10 things to know with detail
Establishment: New India Co-operative Bank was established in the year 1968 and is headquartered in Mumbai, Maharashtra.
Type of Bank: It is a co-operative bank, which means it is owned and operated by its members to provide financial services such as deposits, loans, and other banking services.
Branch Network: The bank has a network of branches across Maharashtra, Gujarat, and Karnataka, offering a wide range of banking products and services to its customers.
Products and Services: New India Co-operative Bank offers a variety of products and services including savings accounts, current accounts, fixed deposits, loans, internet banking, NEFT/RTGS services, and more.
Technology: The bank has embraced technology and offers online banking services to its customers for convenience and ease of access to their accounts.
Financial Performance: The bank has been performing well financially and has a strong capital base, which enables it to provide quality services to its customers.
Customer Service: New India Co-operative Bank is known for its excellent customer service and strives to provide personalized and efficient services to its customers.
Regulatory Compliance: The bank is regulated by the Reserve Bank of India (RBI) and follows all the guidelines and regulations set by the central bank to ensure the safety and security of its customers' funds.
Corporate Social Responsibility: The bank is actively involved in various social and community development initiatives to give back to society and support the underprivileged sections of the society.
Awards and Recognition: New India Co-operative Bank has received several awards and recognition for its performance and contribution to the banking sector, making it a trusted and reliable financial institution for its customers.