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A former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly involved in siphoning ₹122 crore from the lender and was arrested a day after RBI's intervention in the case.

Hitesh Mehta, the general manager of New India Cooperative Bank, was arrested by Mumbai police for allegedly embezzling Rs 122 crore. The case, initially reported at Dadar police station ...

Sagar Malik Updated : Feb 17, 2025, 12:40 PM IST The Reserve Bank of India (RBI) has uncovered a massive scam of Rs 122 crore at the New India Cooperative Bank. The fraud came to light after the RBI ...

The Mumbai police on Saturday (February 15, 2025) arrested Hitesh Mehta, General Manager and Head of Accounts of the New India Cooperative Bank, for allegedly misappropriating ₹122 crore from ...

According to the complaint, Mehta and his other associates hatched a conspiracy and embezzled ₹122 crore from the safes of Prabhadevi and Goregaon bank offices. A case under the Banking and Non ...

Mumbai Police on Saturday arrested Hitesh Mehta, General Manager of New India Cooperative Bank, after questioning him in connection with the alleged embezzlement of Rs 122 crore from the bank's funds.

The accused embezzled Rs 122 crore from the safes of Prabhadevi and Goregaon offices of the bank. MUMBAI: The Economic Offences Wing (EOW) of the Mumbai Police arrested Hitesh Praveenchand Mehta ...

Mumbai Police have registered a case against Hitesh Praveenchand Mehta, former General Manager of New India Co-operative Bank, for allegedly siphoning Rs 122 crore from the bank’s treasury.

A routine audit at New India Cooperative Bank uncovered a Rs 122-crore cash shortfall. A senior bank employee's statement, accessed by India Today TV, revealed how RBI officials detected and ...

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