RBI Supersedes Board of Directors of New India Cooperative Bank Ltd
Feb 14th, 2025 | By ThenewsmanofIndia.com
(THE NEWSMAN OF INDIA.COM) Mumbai, February 14, 2025 – In a significant move, the Reserve Bank of India (RBI) has superseded the Board of Directors of New India Cooperative Bank Ltd., Mumbai, citing concerns over poor governance standards. The supersession will last for 12 months, as per the powers granted under Section 36 AAA in
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