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October 8, 2026
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Reserve Bank of India investigation

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New India Coop Bank Scam: Ex-GM Accused Of Withdrawing Rs 50 Lakh From Vault – Top Speed News

admin2 years ago2 years ago05 mins

Last Updated:February 21, 2025, 15:57 IST A scam at New India Cooperative Bank in Maharashtra revealed that former General Manager Hitesh Mehta embezzled Rs 122 crore, instructing employees to withdraw Rs 50 lakh at a time from the bank’s vault RBI investigation revealed a discrepancy of Rs 122 crore from two of the bank’s vaults….

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