Banking on Kashmir
The government decision to make RBI its debt banker in place of J&K Bank may have proved a blessing in disguise for the later.
They...
Not A Priority!
All banks have a basket enabling them to infuse micro credit in key sectors. But most of these schemes partnered by the governments are...
Bullish Banking
As peace prevails, the banking sector has performed well in the last fiscal. Though the focus remains on cleaner balance sheets, State Sponsored Schemes...
Hand Holding
Being the largest private sector financial institution in the state, J&K Bank has its chest full with funds for CSR. But Shakir Mir reports,...
Tenacious Ten
It all started with a dream to make big in life. With financial help from J&K bank under its SKEWPY scheme they turned their...
Principal Asset
Its status as the principle mover and shaker in J&K’s economy is undisputed. For generations across the state which have grown with the bank,...
Crediting Crops
By summer 2015, banks had disbursed Rs 6,290.16 crores in agriculture and in allied sectors in state. Besides minimising the monopoly of outsiders over...
Advancing Gold
Having a loan processed from a commercial bank can be both harassing and time consuming. But, banks have now started accepting gold as mortgage...
Distinctly 75
J&K’s only listed company, the Rs 100000 crore plus turnover J&K Bank turned 75 last week. While it has been at the core of...
Ousted
In a surprising move the government has ousted Dr Haseeb Drabu as chairman J&K bank without assigning any reasons. A Kashmir Life report.After 18...
Banking on Kashmir: 2011
Apart from employing around 20 thousand people directly, the banks operating in J&K are the backbone of state’s surging consumer market. Their performance in...
Priority Sector Lending: First Six Month Report
Against a target of providing Rs 2820.91 crore credit to 207941 eligible individuals across J&K in 2010-11under the priority sector lending, the banking sector...
A new bank is born
Kamraz Rural Bank and Jammu Rural Bank merge to form J&K Grameen Bank. R S Gull reports.
After a three year wait for Union finance...
The Bypass Banking
For every Rs 100 that people in J&K deposit, the banks deploy more than Rs 63 outside the state, preventing the local resource to...
“Profitability high on lending operations in J&K”
State’s only listed company, the J&K Bank declared a profit of Rs 409.84 crores for 2008-09. This is the highest ever profit that the...