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JK Bank posts net profit of Rs 416.04 Cr, Advances up by 12.57 pc

For future safety we settled for more floating provisions: Chairman Srinagar, May 24 (KNS): J&K Bank today posted net profit ofRs 416.04 Cr for the Financial Year (FY) 2015-16. The audited financial results for the fourth quarter of the year ended March 2016 were announced today following the approval of Bank’s Board of Directors in their meeting held here at ... Read More »

Jamkash launches new Alto 800 in Bandipora

Bandipora, May 20: Jamkash Vehicleades on Thursday launched new Alto 800 in Bandipora. JK Bank Branch Head Sheikh Mudasir unveiled the vehicle in presence of Mudasir Nabi in-charge Jamkash Bandipora. Team leader- Jamkash Bandipora Hafeezullah Lone with the tag line “Toh Chalein kya?” Lone said the new Alto 800 is a lot more fuel efficient. Alto 800 now delivers a ... Read More »

Dorjay for equaling national average in Credit-Deposit ratio

Minister chairs 123rd BoD meeting of SCARDB; Rs 200 cr advanced to farming community SRINAGAR, MAY 17- Highlighting the significance of banking sector in inclusive growth, the Minister for Cooperative, Mr. Chering Dorjay, Tuesday underscored the need for building a strong financial sector in J&K which can respond to the growing needs of the emerging economy. Chairing the 123rd Board ... Read More »

Chief Secretary urges Banks to facilitate Entrepreneurs under Mudra, other Start up schemes

Chairs 2nd meeting of implementation Committee to enhance credit flow in J&K SRINAGAR, MAY 18: Chief Secretary, B R Sharma Wednesday urged major Banks including J&K Bank operating in the State to proactively facilitate young entrepreneurs to avail loans under the Mudra Scheme. Chief Secretary was speaking while chairing the 2nd meeting of the Committee constituted for the implementation of 12 major ... Read More »

JK Bank RE interviews from 2nd week of June 2016

For first time, bank conducts online examination for posts of (RE) Srinagar, May 15 (KNS): J&K Bank shall be conducting interviews of the candidates who had qualified the written test for the post of Relationship Executives (REs) from the second week of June, 2016. For the first time, the bank had conducted online examination for the posts of Relationship Executives ... Read More »

JK food unit holders form body

CCFIK aims to make food industry vibrant Srinagar: With an aim to make food industry across Jammu and Kashmir more progressive and vibrant, Coordination Committee of Food Industry of Kashmir (CCFIK) has been formed According to CCFIK, people associated with the food industry have been asked to get in touch with their respective districts associates. The association has provided several ... Read More »

JK Bank inaugurates business unit, ATM in Haridwar

‘Expands its footprints outside state’ Srinagar, Apr 30 (KNS): Expanding its footprints at important places outside the state, J&K Bank inaugurated state-of-the-art Business Unit at the holy city of Haridwar in Uttarakhand. An ATM was also commissioned on the occasion. Executive President Vagish Chander Sharma inaugurated the bank’s 860th business unit in presence of Zonal Head North (Delhi) Rakesh Gandotra, ... Read More »

EDI Approves 156 Cases Involving Rs 1540 Lakh

Pampore, April 29, CNS: 156 cases of aspiring entrepreneurs sponsored by JKEDI under different schemes were approved during the Steering Committee meetings held at JKEDI, Jammu. The 97th Steering Committee Meeting of Seed Capital Fund Scheme (SCFS) and 47th of Youth Startup Loan Scheme (YSLS) were held on April 28, 2016 under the Chairmanship of Nirmal Sharma, IAS, Secretary, Labour ... Read More »

Day-long BANCLAVE financial conference held

RBI Dy Gov stresses on adopting digital technology for better banking services Srinagar| Apr 26 (PTK): The Bankers Club J&K Tuesday organized a day-long conference ‘BANCLAVE-e-financial inclusion-way forward’ at SKICC here. Deputy Governor, Reserve Bank of India (RBI), Mr. H.R Khan attended the conference as chief guest, while as Chairman Jammu and Kashmir Bank, Mr. Mushtaq Ahmad, President Bankers Club ... Read More »

  J&K Bank opens 4 more business units

  Srinagar, Mar 30, CNS: J&K Bank opened four more business units today; two in Srinagar, and one each in Bandipore and Pulwama district, amid large gatherings of valuable customers, senior citizens, traders and local residents. Zonal Head Kashmir Central (I) Abdul Rashid Sheigan inaugurated the business units at PC Depot and Palpora in Srinagar while as Zonal Head South ... Read More »