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Ex-New India Co-Op Bank GM Booked for ₹122 Crore Fraud
Mumbai – Former New India Co-Operative Bank GM Hitesh Mehta has been booked for allegedly embezzling ₹122 crore from the bank’s treasury between 2020 and 2025. The EOW is investigating after a complaint by the bank’s Chief Accounts Officer.
Following the fraud, the RBI imposed restrictions on the bank, freezing withdrawals and superseding its board. Shreekant (ex-SBI GM) has been appointed as Administrator. A forensic audit is underway.
Stay tuned to News Locket for updates.
Credit: https://news.abplive.com
#BankFraud #Mumbai #RBI #NewIndiaCoOpBank #BreakingNews
Mumbai – Former New India Co-Operative Bank GM Hitesh Mehta has been booked for allegedly embezzling ₹122 crore from the bank’s treasury between 2020 and 2025. The EOW is investigating after a complaint by the bank’s Chief Accounts Officer.
Following the fraud, the RBI imposed restrictions on the bank, freezing withdrawals and superseding its board. Shreekant (ex-SBI GM) has been appointed as Administrator. A forensic audit is underway.
Stay tuned to News Locket for updates.
Credit: https://news.abplive.com
#BankFraud #Mumbai #RBI #NewIndiaCoOpBank #BreakingNews
Ex-New India Co-Op Bank GM Booked for ₹122 Crore Fraud
Mumbai – Former New India Co-Operative Bank GM Hitesh Mehta has been booked for allegedly embezzling ₹122 crore from the bank’s treasury between 2020 and 2025. The EOW is investigating after a complaint by the bank’s Chief Accounts Officer.
Following the fraud, the RBI imposed restrictions on the bank, freezing withdrawals and superseding its board. Shreekant (ex-SBI GM) has been appointed as Administrator. A forensic audit is underway.
Stay tuned to News Locket for updates.
Credit: https://news.abplive.com
#BankFraud #Mumbai #RBI #NewIndiaCoOpBank #BreakingNews
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