New India Cooperative Bank GM arrested in Rs 122 crore scam case

Quick Summary:

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.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaJordanQatar

Topics: New India Cooperative Bank RBI restrictions Mumbai police Rs 122 crore embezzlement Business news Hitesh Mehta

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-15 @ 22:31:03 (5 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 26171690

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