J&K Bank inducts new directors

J&K Bank inducts new directors

Srinagar: J&K Bank has revived much needed professionalism in its board by inducting professionals of highest repute as independent directors on board of the bank. This has been done without altering the basic character of the board with two-third state-subject directors and maintaining Non State Subject seats within stipulated one third of total size. Following […]

Government’s stake in J&K Bank rises to 59%

Government’s stake in J&K Bank rises to 59%

Srinagar: As the major stakeholder in J&K Bank, the state government remains ever committed and serious in its support as it is the most premiere financial institution of the state. Commissioner/ Secretary, Finance Department,Government of J&K, Navin Kumar Choudhary made these remarks in presence of J&K Bank Chairman and CEO Parvez Ahmad and other dignitaries […]

J&K Bank to collect Goods & Services Tax (GST)

J&K Bank to collect Goods & Services Tax (GST)

Srinagar: J&K Bank has been authorized to collect Goods & Services Tax (GST) across the country. In this regard, Reserve Bank of India (RBI), in a communication informed the bank about the authorization for collection of Goods & Services Tax (GST) as the agent of RBI. As per the RBI letter, the authorization was extended […]

Ramadan Night Market inaugurated

Ramadan Night Market inaugurated

SRINAGAR: J&K Bank Chairman & CEO, Parvez Ahmed and IGP Kashmir Muneer Khan inaugurated Ramadan Night Market here at Kashmir Haat (Exhibition Ground), an official statement issued here read. According to the statement, Chairman J&K Bank visited food stalls, handicraft kiosks, apparel boutiques and kids play zones duing the event, organized by J&K Department of […]

J&K Bank advances after bulk deal

J&K Bank advances after bulk deal

Mumbai: Jammu & Kashmir Bank rose 1.09% to Rs 83.45 at 15:25 IST on BSE after a bulk deal of 25.13 lakh shares was executed on the scrip at Rs 84 per share at 12:15 IST on BSE. Meanwhile, the S&P BSE Sensex was down 57.92 points or 0.19% at 31,213.36. The BSE Mid-Cap index […]

CM launches JK Bank’s Aasaan loan for street vendors

CM launches JK Bank’s Aasaan loan for street vendors

SRINAGAR: Chief Minister Mehbooba Mufti on Saturday said that her government will remove all vendors from streets and place them at a location where they will do good business. “We have told many times to remove vendors from streets because it becomes a problem for public movement. We began at city centre Lal Chowk and […]

J&K Bank opens 2nd ATM at SMVDU Katra

J&K Bank opens 2nd ATM at SMVDU Katra

Srinagar: The Jammu and Kashmir Bank on Tuesday commissioned its second ATM at Shri Mata Vaishno Devi University campus. Vice Chancellor Prof. Dr. Sanjeev Jain inaugurated the machine in presence of J&K Bank Zonal Head  Sudhir Gupta , Faculty members and students of SMVDU. The Vice Chancellor appreciated the outreach of the bank to provide […]

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