Latest News for: Safe banking

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New India Cooperative Bank’s GM arrested for siphoning off ₹122 crore

Hindustan Times 16 Feb 2025
The accused, identified as Hitesh Mehta, 57, allegedly confessed to the crime and told the police he had been taking cash from the bank’s safes since the pandemic ... In total, ₹122 crore was missing from the bank’s safes,” added the officer.
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New India Cooperative Bank’s General Manager Held For ‘Misappropriation’ Of Rs 122 Crore

Kashmir Observer 16 Feb 2025
... the bank, officials said ... As per the complaint, Mehta along with other associates hatched a conspiracy and embezzled Rs 122 crore from the safes of Prabhadevi and Goregaon offices of the bank, he said.
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Investing in gold and silver: What new investors must know

Business Line 16 Feb 2025
Governments and central banks commonly keep bullion as a reserve asset ... Both gold and silver bars and coins can be bought from a reputed vendor and stored safely in a bank vault or with an authorised third-party depository.
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Mumbai police arrest ex-GM of New India Cooperative Bank in Rs 122 crore fraud case

Financial Express 15 Feb 2025
In his police complaint, Ghosh said that Mehta and his accomplice (not named yet) were trusted employees of the bank and the cash in the bank\u2019s vaults at its Prabhadevi and Goregaon offices was in their safe custody.
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CBN: Keystone Bank Safe, Sound, Fully Operational

This Day 15 Feb 2025
The Central Bank of Nigeria (CBN) yesterday reassured the public that Keystone Bank Limited remains safe, sound, and fully operational ... The clarification was particularly necessary to avert a run on the bank.
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Rs 122 crore misappropriation case registered against New India Cooperative Bank officials

The Times of India 15 Feb 2025
A Senior EOW officer said no arrest has been made and they are probing it.The accused and his accomplices, in their capacity as general manager and head accounts of the bank, committed criminal breach ...
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Former general manager of New India Cooperative Bank, banned by RBI, 'cheated' bank of ₹122 crore

Hindustan Times 15 Feb 2025
“As per the complaint, the bank's general manager and head of accounts, Hitesh Mehta, along with other associates hatched a conspiracy and embezzled ₹122 crore from the money kept in the safes of ...
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Does Arizona have money that belongs to you? Here's how to check for unclaimed funds

Azcentral 15 Feb 2025
Old bank accounts, uncashed checks, investments such as stocks and bonds, and goodies stashed in safe deposit boxes show up on Arizona’s list ... Items from safe deposit boxes are sold at auction but proceeds are kept for the owners.
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Words on wealth: Understanding your investment risk spectrum

Independent online (SA) 15 Feb 2025
Safe, low-risk investments, such as bank deposits, are appropriate vehicles in which to “park” your money for the short term, but to make inflation-beating returns over the long term (more than five ...
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Britain's most powerful gangs: From Pakistani heroin traffickers in Birmingham to London's Turkish mafia map ...

The Daily Mail 15 Feb 2025
Two major Glasgow crime families, the Lyons and Daniels, have been locked in a feud believed to date back to 2001, when a £20,000 batch of cocaine disappeared from a Daniel safe house.
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Cherriots suspends bus service Thursday and Friday due to winter weather in Mid-Valley

Statesman Journal 14 Feb 2025
Safe winter driving tips in Oregon. Here are some tips to keep you safe on the roads ... "Please stay safe and avoid unnecessary travel.". Alexander Banks is an AAJA-SPJ ...
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Senior citizens throng branches, say retirement funds lie locked

The Times of India 14 Feb 2025
Worried depositors thronged New India Cooperative Bank's branches on Friday to inquire if their deposits were safe ... Somashekhar Nair, a retired resident of Virar, said, 'I have had an account with this bank for the last 20 years.
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Bank gives octogenarian 60L payout for missing jewellery

The Times of India 14 Feb 2025
... via Sanjay Kumar Dash, assistant general manager of Bank of Maharashtra, also said it was the first such 'unfortunate incident' to date despite operating the safe deposit vault facility since 1966-67.
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Keystone Bank: Story of Resilience, Reinvention, Growth

This Day 14 Feb 2025
This means the federal government now fully owns the bank ... As Keystone Bank continues to flourish, customers and shareholders alike can rest assured that the bank remains safe, healthy, strong, and resilient.
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Russian drone damages Chernobyl nuclear plant’s shelter says Zelenskiy, Moscow denies

CyprusMail 14 Feb 2025
The New Safe Confinement is 108 metres high (354 feet) and 162 metres long, spans 257 metres and has a lifetime of at least 100 years, according to the European Bank of Reconstruction and Development.
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