Focus on consolidating, cleansing of Balance Sheet

Focus on consolidating, cleansing of Balance Sheet

Jammu: The bank in a statement said that it is continuing its focus on consolidation and strengthening of the Bank’s Balance Sheet. This after bank declared its reviewed numbers for the quarter and nine month period ended Dec’ 16 posting flattish business growth and 800 basis points increase in NPA coverage ratio. It said that […]

JKB Chairman meets Governor

JKB Chairman meets Governor

JAMMU: Chairman, Jammu and Kashmir Bank Parvez Ahmed, called on Governor N. N. Vohra, at the Raj Bhavan here on Friday. Ahmed informed the Governor about the recent initiatives taken by the Bank to enlarge its services by expanding the Bank’s infrastructure, particularly with a view to promoting digital economy. Vohra  discussed with Chairman issues […]

Man presents wife as sister before court to mortgage land with bank

Man presents wife as sister before court to mortgage land with bank

HC terms offence heinous, cancels anticipatory bail Srinagar: The J&K High Court on Thursday set aside anticipatory bail to three persons, including a man who has allegedly played fraud on his sister by presenting wife instead of her before a court in Baramulla to execute mortgage deed of her land and availed a loan for […]

JK Bank seeks Maharashtra govt help for building accomodation for cancer patients

SRINAGAR: J&K Bank has approached Maharashtra government for allocation of land in Mumbai for constructing an accommodation for the cancer patients under its corporate social responsibility (CSR) initiative. The initiative according to a bank statement is to mitigate the hardships of economically deprived patients of the state in particular and other parts of the country […]

Cups of nun chai — 66: A cave a tunnel

Cups of nun chai — 66: A cave a tunnel

This participatory memorial, by artist Alana Hunt, emerged in response to Kashmir’s Summer of 2010. In the face of the violence, the growing number of dead and the lack of serious media coverage, Hunt evolved ways to speak, to connect and to write in a form that would reach places where the news headlines do […]

Youths arrested for making ‘counter calendar’

Youths arrested for making ‘counter calendar’

Srinagar: Police have arrested more than six youth on charges of creating a ‘counter calendar’ that features militants, pro-freedom activists, and pellet victims, sources told Kashmir Reader. The calendar, posted online and referred to as ‘counter calendar’, was circulated on social networking sites soon after Jammu and Kashmir Bank brought out a 2017 calendar featuring […]

JK Bank Recapitalized?

JK Bank Recapitalized?

Finance Minister, Haseeb Drabu, while presenting Budget 2017-18, referred to the state’s premier bank, the Jammu and Kashmir bank, and briefly laid out its woes. These, in the main,  pertain to the huge number of Non Performing Assets(NPA’s)  which are stressing the bank’s balance sheet. The quantum of these NPA’s in Rupee terms is Rs. […]

J&K Bank Chairman felicitates Tong ill moo Do winner Baseerat

J&K Bank Chairman felicitates Tong ill moo Do winner Baseerat

Srinagar: Chairman and CEO J&K Bank Parvez Ahmed today felicitated Syed Baseerat Byhaqi who recently bagged the Gold Medal in South Asian Championship of Tong ill moo Do 2016 held in Thimpu Bhutan from December. Baseerat, a 4th class student is daughter of J&K Bank staffer Syed Arif Byhaqi who works as an Executive in […]

Finance Minister unveils J&K Bank Calendar 2017

Finance Minister unveils J&K Bank Calendar 2017

‘J&K Bank’s greatest strength is its people’ Srinagar: Finance Minister Dr Haseeb Drabu on Saturday unveiled the J&K Bank Calendar-2017 amid thunderous applause here at Corporate Headquarters in presence of bank’s Chairman and CEO Parvez Ahmed, Vice Chancellor Kashmir University Prof Khurshid Andrabi and former Vice Chancellor Islamic University of Science & Technology Prof  Siddiq […]