New India Cooperative Bank’s former general manager sent to police custody for alleged fraud
Hitesh Mehta allegedly withdrew Rs 122 crore from the bank.
16 February, 2025•2 min
0
16 February, 2025•2 min
0

More in Business
Business
The hidden debt behind rural India’s ‘prosperity’
How well rural consumption is doing is subjective. What isn’t subjective is how growing indebtedness, combined with stagnant income growth, is creating a tinderbox for households, banks and consumer companies that no one is talking about.
You may also like
Business
Why IndusInd Bank promoter Ashok Hinduja was never really in the dark
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.
Business
Banking on growth in 2026
A tumultuous year comes to a close for Indian banks, as they await a revival in borrowing in the new year.
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.







