Mumbai, Feb 15 (Reporter) 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 of misusing his position to commit fraud between 2020 and 2025. This scandal has caused significant distress for the panicky account holders, especially after the RBI imposed a ban on the bank. Customers are facing difficulties in accessing their funds. The RBI has allowed withdrawals of up to Rs five lakh per account, but many customers are still struggling to manage their financial needs, including paying bills and school fees. The RBI has posted notices at the bank branches informing customers about the withdrawal limits, with a 90-day period for these restrictions to be in place. Following the embezzlement scandal, there is growing concern among customers about the future of the bank and whether they will receive relief. The investigation is ongoing, and the EOW continues to gather evidence as part of their inquiry into the Rs 122 crore fraud...////...