SARFAESI Primer
A law that allows banks to take over the mortgaged collaterals in case of willful defaults has taken Kashmir by storm after a division...
Currency Chaos
As Prime Minister Modi shocked India by reducing twin currency notes to mere pieces of paper, Tasavur Mushtaq details the turns and twists of...
Bank On
As a new leader is taking over J&K’s only listed company in October, J&K Bank has Rs 10,000 crore plus stressed advances. Examining the...
Paupers’ Prize
Water-abundant and energy- deficient J&K’s first major leap into the lucrative energy sector was in 1999, when the resource-scarce government started implementing Baglihar with...
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...
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...
Dreams Indebted
For best education, lot of students seek admissions in Western universities. Some get scholarships and most of them approach banks for educational loans. Muntaha...
Advancing Apples
The Mughal route town of Shopian is a booming economic centre. Producer of the best apples from the region, its business got impetus after...
Impaired Assets
Banks are the new money shops. They sell products and make money. But it is not always that they earn. They lose too. Syed...
Lending, But Not Banks
As banks are in the race of deposits and advances, there are two government institutions scripting new successes with negligible default, reports Riyaz Ul...
Playing Cards
The new age banking is mostly done outside the branch offices, on smart-phone and laptops. And the new currency used for such transactions is...
SARFAESI
Banks have been arguing for various years now that lack of SARFAESI has compromised their confidence in being liberal in J&K. Taking the view...
Surviving Robberies
In a way banking sector is a huge survival story in itself. There were countless robberies and scores of bankers had providential escapes. Shams...
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,...
Gen-X Kashmir Discovery
As improved situation restored their confidence, second generation banks entered J&K quite recently. Within shortest possible time, they accelerated competition, created their own space,...
