Videos
New India Co-operative Bank Scam: Finance Experts dissect the fraud - WATCH
The New India Co-operative Bank scam has left customers in a state of confusion, anxiety, and uncertainty about their hard-earned money. The biggest question on their minds—when will they be able to recover their funds? Do they have any immediate legal remedies in case of a financial crisis? Finance experts Mitil Chokshi and Parsh Chokshi weigh in on how the scam unfolded, whether the RBI could have intervened earlier, and the options available to account holders now to reclaim their money.
18 February,2025 10:40 AM IST
New India Co-operative Bank Scam: Finance Experts dissect the fraud
The New India Co-operative Bank scam has left customers in a state of confusion, anxiety, and uncertainty about their hard-earned money. The biggest question on their minds—when will they be able to recover their funds? Do they have any immediate legal remedies in case of a financial crisis? Finance experts Mitil Chokshi and Parsh Chokshi weigh in on how the scam unfolded, whether the RBI could have intervened earlier, and the options available to account holders now to reclaim their money.
17 February,2025 10:09 PM IST
Mumbai: Angry customers outside New India Co-operative Bank demand answers
Amid the ongoing New India Co-operative Bank controversy, RBI has superseded the Board of Directors of New India Co-operative Bank after imposing the restrictions, the customers' panic is unabated. On 15th February, anxious customers thronged the branches of the bank in Malad East and Kandivali West demanding answers from the authorities over the looming confusion over their savings. While RBI has assured safety of deposits up to Rs. 5 Lakh, uncertainty over reclaims and the fate of deposits exceeding over Rs. 5 lakhs still remain unclear. Customers ask tough questions from the authorities.
15 February,2025 02:47 PM IST
Will RBI pay our money back? Ask angry customers New India Co-op Bank faces ban
As Mumbai-based New India Co-operative Bank faces crisis, mid-day went on the ground to the New India Co-operative Bank branch in Santacruz East to gauge the reaction of the flustered public who have their money deposited in the bank. On 13th February, RBI issued an order barring the Mumbai-based bank from conducting futher business. No new loans can be issue, withdrawals have been suspended for six months due to liquidity concerns. While this should not be seen as a cancellation of banking license by RBI, nervous customers gathered outside the bank branches with the hope of withdrawing their hard-earned money. Many customers here have their savings tied up in the bank. People are worried about thier locked funds - their hard-earned money which they accumulated over the years. Uncertainty and frustration can be seen as customers are unsure when they will be able to access their money from the bank.
14 February,2025 05:08 PM IST
Mumbai: Customers line up outside Mumbai’s New India Co-operative Bank branches
A day after the Reserve Bank of India barred New India Co-operative Bank from issuing new loans and suspended deposit withdrawals for six months, citing supervisory concerns and the lender's liquidity position, panicked customers gathered in huge numbers outside the New India Co-operative Bank branches many of whom have savings tied up in the bank. The sudden banking restriction has left the customers worried if they will be able to get their money back from the Bank. Seema Waghmare, a customer of the New India Co-operative Bank, says, "Wec deposited money just yesterday, but they did not say anything... They should have told us that this was going to happen... They are saying that we will get our money within 3 months... We have EMIs to pay, we have no idea how we will do all of that..."
14 February,2025 12:34 PM IST
Mumbai's stray dog attacks: Why is it rising? Causes & solution - Watch video
Mumbai – a city that’s known for its love of pets. But today, we'll be talking about a serious issue that’s been growing at an alarming rate – the increasing population of stray dogs and the rising cases of dog abandonment and stray . This problem is spiraling out of control and causing safety concerns across the city. While Mumbai’s residents are deeply attached to their pets, there’s a growing divide with those who are concerned about the safety risks posed by stray dogs. Over the past few years, incidents involving stray dogs have been on the rise, and the safety of Mumbaikars is now under threat. One shocking incident happened recently when a child was severely injured by a pitbull after it was abandoned at Mahim beach. The person responsible vanished, leaving the dog behind. Satej Shide, a photographer from Mid-Day, who intervened in the situation, was himself injured in the process.
15 January,2025 05:02 PM IST
Indian Nurse sentenced to death in Yemen, Watch video to know the full story!
In a shocking turn of events, Indian national Nimisha Priya has been handed a death sentence in Yemen, after allegedly being convicted of killing her Yemeni business partner. Nimisha, a trained nurse, had been working in private hospitals in Yemen for several years before the incident. The Ministry of External Affairs (MEA) confirmed on Tuesday that it is fully aware of the death sentence and has assured that the Indian government is providing all possible assistance in this matter. However, the circumstances surrounding the case have taken a dramatic twist, with new revelations shedding light on a tale of manipulation, harassment, and torture.According to reports, Nimisha's mother has come forward with a different version of events, revealing the turmoil her daughter endured in Yemen.
02 January,2025 04:00 PM IST
Priyanka Gandhi's first reaction after taking oath - Watch video
Priyanka Gandhi Vadra took the oath as the new Lok Sabha member from Wayanad, Kerala, on Thursday morning. She wore a traditional Kerala saree called kasavu and held a red-bound copy of the Constitution, a symbol made famous by her brother, Rahul Gandhi, to express concerns about the ruling BJP potentially changing or weakening its principles. Priyanka replaces Rahul as the Wayanad MP after he gave up the seat to focus on his family stronghold in Raebareli, Uttar Pradesh. With this, Priyanka becomes the third member of the Gandhi family in Parliament, joining her mother Sonia Gandhi, a Rajya Sabha MP from Rajasthan. In her speech, Priyanka emphasized the need to strengthen the Congress party.
28 November,2024 05:03 PM IST
Priyanka Gandhi sworn in as Lok Sabha MP from Wayanad
Priyanka Gandhi Vadra took the oath as the new Lok Sabha member from Wayanad, Kerala, on Thursday morning. She wore a traditional Kerala saree, known as kasavu, and held a red-bound copy of the Constitution, a symbol made famous by her brother, Rahul Gandhi, to highlight concerns that the ruling BJP may be altering or undermining its principles. Priyanka replaces Rahul as the Wayanad MP after he gave up the seat to retain his family stronghold in Raebareli, Uttar Pradesh. With this, Priyanka becomes the third member of the Gandhi family in Parliament, joining her mother Sonia Gandhi, who is a Rajya Sabha MP from Rajasthan.
28 November,2024 12:41 PM IST
Kerala Firecracker Tragedy: More than 150 injured, 8 critical in fireworks
In a tragic incident, more than 150 people have been injured and 8 are in serious condition, in a fireworks accident in Neeleswaram. The incident of Kerala Firecracker Tragedy occurred around midnight. The injured have been shifted to hospitals. 154 people injured in fireworks accident during 'Theyyam' celebration in Veerarkavu Temple. A case has been registered against 8 temple committee members under non-bailable sections for conducting fireworks without permission and violating guidelines. The FIR states that the careless display led to a fire in the fireworks storage area.
29 October,2024 03:13 PM IST