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Business

Punjab Finance Minister inaugurates J&K Bank branch & ATM in Zirakpur, Punjab

  We would customise products & services to meet the particular local needs – Chairman  Srinagar, Nov 11 CNS: J&K Bank today opened a new state-of-the-art Business Unit along with ATM at Zirakpur in Mohali district, which is popularly known as ‘wedding capital of Punjab’. Minister for Finance & Planning, Punjab Sardar Parminder Singh Dindsa inaugurated the business unit in ... Read More »

Capex Budgets approved by DDBs: Drabu

Minister for Finance, Dr. Haseeb A. Drabu today informed the House that the district CAPEX Budgets are approved by the District Development Boards. He said the MLAs of the area are the members of these Boards which accords approval to the District CAPEX Budgets. Replying to a question read by Mr. M. Y. Tarigami on behalf of Hakeem Mohammad Yaseen, ... Read More »

Vodafone raises funds for education of underprivileged Kashmiri children

‘Donated Rs 16 lakhs in last 3 years’ Srinagar, June 10: Vodafone India, one of India’s leading telecommunications service providers, is commemorating the holy month with a “giving” initiative which will go a long way in supporting education of underprivileged children in Kashmir. Starting from June 7th, 2016, Vodafone will donate 1 paisa for every outgoing call or recharge and ... Read More »

Mehbooba for promoting niche tourism to attract high-value tourists

‘Border, pilgrim tourism has huge potential in JK’s un-explored areas’ RAJOURI, JUNE 03: Chief Minister, Ms Mehbooba Mufti today called for promoting niche tourism activities in the border areas of the State to attract high-end tourists with greater economic value. She however, stressed the need for making the tourism activities environment and eco-friendly. “Given the distinctive geographical location of Jammu ... Read More »

Against national average of 60% CDR in J&K at 49.11%: Drabu

‘Steps taken to facilitate easy loan to youth’ Minister for Finance, Labour and Employment, Dr. Haseeb. A. Drabu today informed the House that the aggregate Credit Deposit Ratio during the last fiscal in respect of all banks operating in J&K State stood at 49.11% against the national average of 60%. Replying to a question by Mr. Davinder Singh Rana on ... Read More »

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 »