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J&K Bank files defamation suit for 60 Crores against Sajad RasoolCourt Issues restraint order

Srinagar The Court of Additional District Judge Srinagar today restrained Sajad Rasool S/O Ghulam Rasool R/O 231 RaithanKhansahib Budgam (at present Video Volunteers, Airport Road Hyderpora Srinagar) from publishing any defamatory or causing to publish any defamatory material against the bank on print, electronic or social media. Notably, the Bank filed a defamation suit against […]

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Kashmir: 700,000 growers, a 6 billion apple industry, zero insurance

Srinagar: Jammu & Kashmir witnessed an untimely heavy snowfall on November 3, 2018 which caused huge damage to apple growers with some estimates putting the losses suffered by Kashmiri apple farmers at over 5 billion rupees (€61.5 mln). Apple growers were the hardest hit as the snowfall didn’t only damage the apple crop, but also […]

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J&K Bank signs MoU with JKSCSTBC Development Corporation

Jammu, In order to serve under-privileged sections of society in a more organized manner, J&K Bank today entered into a MoU with the Jammu Kashmir Scheduled Caste/Schedule Tribes/Backward Castes Development Corporation (JK SCSTBC). The MoU was signed by Bank’s Vice President Shujaat Hussain Andrabi and Managing Director JK SCSTBC Development Corporation Ravinder Kumar Bhat (KAS) […]

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J&K Bank to establish state-of-the-art Business Unit at Central University Jammu

Srinagar, Dec 28: In its endeavour to strengthen industry-academia relaons further besides helping nancial empowerment of youth, J&K Bank on Friday signed a Memorandum of Understanding (MoU) with Central University of Jammu to establish a state-of-the-art Business Unit with the digital lobby at its main campus. The Business Unit will have digital banking and infotainment […]

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Indian rupee falls 26 paise to 70.75 per US dollar in early trade

Mumbai: The rupee depreciated by 26 paise to 70.75 against the US dollar in early trade Wednesday at the interbank foreign exchange, amid strengthening of the US dollar and foreign fund outflows. Forex dealers said fresh demand for the American currency from importers weighed on the domestic unit. Besides, investors were treading the cautious path ahead […]

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Jk Bank Chairman inaugurates 1st HR Conclave at IIM, Jammu

Jammu, Nov 23: J&K Bank Chairman & CEO Parvez Ahmed today inaugurated the 1st Human Resource Conclave organised by Indian Institute of Management (IIM), Jammu in presence of Vice Chancellor Jammu University, Prof. Manoj Dhar, Director, IIM Jammu Prof. B.S. Sahay, Chief Executive Officer Sify Technologies Kamal Nath, Chairperson, Women Entrepreneur Cell, MSME of India, Ms. Jaya […]

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J&K Bank creates Rs.11 Cr Distressed Relief Fund’ for snow-affected apple farmers

 Srinagar, : J&K Bank today announced creation of a Distressed Apple Growers Relief Fund for extending help to the snow-affected apple growers of the State. Rs.11 crore have been pooled in the Fund which includes three days salary donated by the staff of the bank and Rs. 5 crore from the bank’s CSR fund. Notably, […]

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Havells India launches India’s first Water Purifier with pH balance and Natural Mineral Fortification capability

Srinagar, : Havells India Limited today at Srinagar unveiled a range of unique water purifiers capable of handling new age pollutants . These purifiers maintain the pH balance in water and add various essential minerals and trace elements lost during the reverse osmosis (RO) process. As per the data compiled by Integrated Disease Survillance Program […]

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J&K Bank half-yearly net profit grows 44% to 146 Cr

Srinagar, Oct 16: J&K Bank, the state-owned premier financial institution and a listed entity, today reported a 44% increase in its net profit to Rs 146.34 Cr for the half year ended 30th September 2018 after the reviewed results of the Bank were adopted by the Board of Directors in the meeting held at the Bank’s Corporate […]

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JK Bank, HIAL sign MoU

Srinagar,: J&K Bank and Himalayan Institute of Alternatives,Ladakh (HIAL),  have entered into a memorandum of understanding (MoU) today to support potential innovators and entrepreneurs in Ladakh and nurture technology-based ideas into independent self-sustaining businesses. HIAL is promoted by globally renowned innovator Sonam Wangchuk. J&K Bank President, Chetan Paljor and Ms Gitanjali JB, founding member HIAL, […]

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