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Friday, April 26, 2024
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Banking

Banks are playing the main valuts of a society’s savings and a key resource for investment at individual and institutional levels. This section is the richest repository of detailed reportage about the working of the banking sector involving every aspect of their mandate.

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...