Mumbai, Feb. 15 -- The city police on Saturday registered a Rs 122 crore fraud case against the general manager of city-based New India Cooperative Bank, two days after the Reserve Bank of India (RBI) imposed restrictions on the bank over alleged financial irregularities.
General manager Hitesh Mehta, who is also head of accounts of the bank, was booked under sections 316(5) and 61(2) of Bharatiya Nyaya Sanhita (BNS) by Dadar police station on a complaint filed by Devarshi Shishir Kumar Ghosh, the bank's chief executive officer, police said.
The offence which was registered at Dadar police station was later transferred to the Economic Offences Wing (EOW) of the Mumbai police.
Mehta, who oversaw the Dadar and Goregaon branches, is accused...