Tuesday, February 25, 2025

New India Cooperative Bank fraud: General manager in custody till February 21

Sunday, February 16, 2025, 11:37
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A Mumbai court has remanded Hitesh Mehta, a former general manager of New India Cooperative Bank, and Dharmesh Paun in police custody until February 21 for allegedly misappropriating Rs 122 crore. The Reserve Bank of India has taken control of the bank’s board and imposed withdrawal restrictions amid ongoing investigations.

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