New India Cooperative Bank GM arrested in Rs 122 crore scam 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, was later transferred to the Economic Offences Wing. The arrest followed a complaint by the bank's acting CEO. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8D2IB...

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Will banks be open on March 31, 2025? Here’s what the latest RBI direction says

RBI has mandated agency banks to remain open on March 31, 2025, despite it being a holiday in many states, to ensure accurate financial reporting for FY 2024-25. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Iuybg...

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RBI lifts card, digital curbs on Kotak Bank

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PSvNy...

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Fed in no hurry for rate cuts: Jerome Powell hints no change in bank's policy

Federal Reserve Chair Jerome Powell stated that the central bank will keep interest rates unchanged, citing ongoing inflation above the 2% target and a strong job market. Although future rate cuts are uncertain, Powell emphasized the prudence of maintaining the current policy stance amidst economic changes under the Trump administration. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7IH1R...

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When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission

The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The central bank aims to support growth while aligning inflation with targets, but historical insufficient transmission remains a concern. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0Y6et...

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