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Depositors of New India Cooperative Bank stage protest in Thane
Updated On: 28 April, 2025 09:58 PM IST | Thane | mid-day online correspondent
The protestors, under the banner of the NICB Depositors' Foundation, marched to the bank's Majiwada branch, carrying placards of their demands. The memorandum stressed that despite earlier meetings with the RBI-appointed advisors and senior officials, there is "considerable ambiguity" about the bank's prospects
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A delegation representing the foundation met the branch manager and submitted a detailed memorandum outlining their apprehensions regarding the bank's future. File pic
The depositors of the scam-hit New India Cooperative Bank staged a protest in Maharashtra's Thane city on Monday, demanding urgent action on the revival or merger of the institution, news agency PTI reported.
The protestors, under the banner of the NICB Depositors' Foundation, marched to the bank's Majiwada branch, carrying placards of their demands.
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