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JK Bank clarification on Gitanjali Gems Limited

Srinagar, Feb 22: In respect of news item appearing in some sections of media J&K Bank official spokesperson today clarified that the Bank had no direct exposure to the Nirav Modi Group companies and was not affected by any fraudulent Letters of Undertaking (LoU) issued by the Punjab National Bank. The bank, added the spokesperson, however was having a business account ... Read More »

Tourism deptt’s social media handle crosses over 2 lac followers in 1 year

Events, drone visuals go live on facebook for tourism promotion Srinagar, Feb 14: Changing the dynamics of marketing and promotion, the department of tourism in just short span of over one year has aggressively marketed tourism sector through its social media handles gaining over 2 lac likes on its facebook page. The drone videos of various destinations have received overwhelming ... Read More »

J&K Bank opens business unit in Ramban

Srinagar, Feb 12: J&K Bank opened its 903rd Business Unit (Branch) at Chamalwas, a remote area in district Ramban, Jammu. The Bank’s Zonal Head Jammu (North-I) Khurshid Ahmed Fazili inaugurated the business unit in presence of Cluster Head Vijay Kumar amid large number of valuable clients, senior citizens and local residents. Besides congratulating the residents of the area on the occasion, Zonal ... Read More »

Budget 2018 offers no major benefits for salaried middle-class population, says study Chrome Data Analytics & Media

Jammu,  Feb 09: The Union Budget for 2018-’19 announced on February 1st 2018, kept much of its focus on rural plans and easing the agrarian crisis ahead of general elections next year. The headline schemes included a healthcare insurance proposal for the poor and an increase in the minimum support price for crops. In the midst of it all, India’s ... Read More »

Big Relief for Businesses: JK retains assessment powers under GST

Commercial enterprises over Rs 1.50 cr turnover to be assessed on 80:20 basis: Dr Drabu JAMMU, FEBRUARY 07: In a significant development, Jammu and Kashmir Government has retained the tax assessment and administration powers under Goods and Services Tax regime, which was an intractable issue post-GST implementation. “In a welcome move, the Union Finance Ministry has agreed to our contention ... Read More »

JKEDI concludes entrepreneur development programme

KUPWARA, FEBRUARY 03: The Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) Kupwara today concluded its three-week long entrepreneur development programme for young entrepreneurs of the district. The District Development Commissioner, Kupwara Khalid Jahangir participated in the function as chief guest, which was also attended by Joint Director Planning (CPO), Kupwara, JKEDI officers, Kupwara, and all registered youths who had undergone training. ... Read More »

J&K Bank chairman announces comprehensive accidental insurance cover for its employees

Jammu, Feb 02: All employees of Jammu & Kashmir Bank would be provided comprehensive accidental insurance cover by the bank through its general insurance partner Bajaj Allianz General Insurance Company Limited (BAGICL). The aim is to boost morale of the employees through this insurance protection cover so that their families remain insulated against any financial or social insecurity in the ... Read More »

Warm send off given to J&K Bank Sr President

Jammu, Feb 02: J&K Bank gave a warm send-off to its Senior President Abdul Rashid, who attained superannuation on January 31, after serving for almost four decades in the bank. The farewell was attended by  the Chairman and CEO Parvez Ahmad along with Executive Presidents Vagish Chander Presidents, Vice-Presidents and other senior officers of the bank. Speaking on the occasion, Chairman ... Read More »

JK Bank records net profit of Rs.174.30 Cr for 09 months in current financial year

Bank shows steady improvement in numbers as NPA accretion tapers, Chairman lauds Government support Srinagar, Jan 31 (KNS): J&K Bank today reported a Net profit of Rs 174 Cr for the nine months ended December 2017 as the Bank declared the reviewed results for the Quarter and nine months ended December 2017 subsequent to adoption of the numbers by the ... Read More »

Da’wah program organized by IF concludes at Gulmarg

Gulmarg, Jan 30: A week-long Da’wah Program organized by Islamic Fraternity (IF), an Islamic organization working in the field of Da’wah, education and social welfare activities, from 24 January at famous hill-resort Gulmarg, Baramulla concluded here on Tuesday.  The program was organized to spread a word about Islam among non-Muslim tourists visiting the hill-resort and offer them the taste of ... Read More »