JK Bank dedicates multipurpose pick-up vehicles to JDA under CSR initiative
Jammu, Aug 14: J&K Bank under its corporate social responsibility (CSR) initiative handed over two multipurpose pick-up collection vehicles to the Jammu Development Authority (JDA) here today. J&K Bank Chairman & CEO, Parvez Ahmed, handed over the keys of the vehicles to the JDA Vice Chairman, Pawan Rathore, at a simple but impressive function in […]
JK Bank chairman announces cash award for six security guards, driver
Srinagar,: J&K Bank Chairman & CEO, Parvez Ahmed, today announced a cash reward of Rs.50,000 each for six bank security guards who foiled the attempt of unidentified gunmen to loot the bank on different occasions. Besides, a bank driver, who is on adhoc basis in the bank, has also been given the same amount of cash […]
J&K Bank among 5 toppers in digital payment transactions
Srinagar,: While falling in line with the national mission, ‘Digital India campaign’, J&K Bank has figured among top 5 banks in achieving targets in digital payment transactions. Pursuing an annual target of 4 crore digital transaction for the current financial year, 2018-19, the bank has captured 1.17 crore digital payment transactions in the first quarter of […]
J&K Bank donates ambulance to IIT Jammu
Srinagar, : Extending its support further to student well-being in the state, J&K Bank under its corporate social responsibility (CSR) program provided an ambulance to the Indian Institute of Technology, Jammu. Chairman Parvez Ahmed handed over the keys of Ambulance to the Director IIT Jammu Dr. Manoj Gaur in presence of Vice Chancellor, Central University, […]
KTMF delegation calls on Chairman J&K Bank
Srinagar: Our businesses need to keep growing so that we achieve our goals of comfortable and dignified living as a society. For that to happen, we need to join hands and bring more efficiency and transparency to our systems of working both in the institutions and the businesses. J&K Bank Chairman and CEO Parvez Ahmed […]
Economic well-being ensures protection of core social values: J&K Bank Chairman
Srinagar,: J&K Bank is the prestigious institution of state that always takes a lead role in promoting the various sectors of J&K economy. Since we are here deliberating upon the different aspects of poultry sector, I endorse the assertion made by the Chairman J&k Bank that there is a need for a specialised product that […]
HDFC Bank invites applications for scholarships to students in J&K
Srinagar ,: HDFC Bank Ltd., today announced the commencement of Educational Crisis Scholarship Support (ECSS) programme. As a part of the ECSS programme, the Bank is inviting applications from students in the state for availing scholarship to complete their studies. Under the ECSS program, the Bank lends a hand to students across the country who might […]
RBI hikes repo rate by 25 basis points to 6.5%
Mumbai: The Reserve bank of India’s (RBI’s) monetary policy committee (MPC) on Wednesday raised repo rate by 25 basis points (bps) to 6.5% on account of inflationary pressures arising due to hikes in minimum support prices for the crop. The six-member committee voted to maintain a neutral policy stance, thus keeping its options open for further […]
State Bank of India hikes FD interest rates, applicable from today
The State Bank of India on Monday revised its Fixed Deposit (FD) interest rates hiking it by 5 basis points to 10 basis points, thus raising it from 0.05 per cent to 0.1 per cent. The new rates will be applicable starting from July 30. With the revision of FDI rates, the bank is now […]
JK Bank Q1 net profit grows 75% to 52 Cr.
Srinagar, July 27: J&K Bank the premier financial institution and a listed entity of the state today declared a robust start to the Financial Year 2018-19 by posting a net profit of Rs 52.59 Cr for the first quarter ended June 2018 registering 75 pc increase over the net profit of Rs 30.19 Cr reported for the June quarter in […]
