Search result for 'misappropriation of funds'

Mumbai Police's EOW is investigating the Rs 122 crore embezzlement at New India Cooperative Bank. Auditors of the bank have been summoned to record statements as part of the investigation.

Mumbai Police's Economic Offences Wing (EOW) has recorded the statement of a former CEO of New India Co-Operative Bank in connection with a Rs 122-crore fraud case. The EOW is investigating the...

The General Manager of New India Cooperative Bank and associates are accused of embezzling Rs 122 crore, leading to restrictions on the bank by RBI. The case is now with the EOW.

The Reserve Bank of India (RBI) has taken action against New India Co-operative Bank due to alleged fund misappropriation by staff members. The bank's board has been superseded, and depositors are...

Raymond Ltd shareholders approved the reappointment of Gautam Singhania as Managing Director for five years, despite concerns raised by proxy advisory firm IiAS.

A proxy advisory firm recommends shareholders vote against Gautam Singhania's reappointment at Raymond due to allegations of domestic violence and misappropriation of funds, calling for an...

Religare Finvest, under RBI's watch, is poised to resume operations soon. The company awaits approval following completion of regulatory inspections and a successful debt restructuring.