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EOW detains former New India Cooperative Bank GM, probe underway

According to the EOW, bank's former GM Hitesh Mehta was detained following a raid at his residence

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The RBI had on Friday superseded the lender's board citing governance lapses and appointed an administrator to revive it. File Pic/PTI

The RBI had on Friday superseded the lender's board citing governance lapses and appointed an administrator to revive it. File Pic/PTI

Mumbai Police's Economic Offences Wing (EOW) on Saturday detained New India Co-operative Bank General Manager Hitesh Mehta, official sources said.

According to information from the EOW, former New India Cooperative Bank General Manager Hitesh Mehta was detained following a raid at his residence.

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