The Half Year Story
During the first six months of the current financial year, the banks operating in the state have increased their advances. But they have under-performed...
Insured growth
The entry of private life insurance companies has boosted the growth in this sector. Haroon Mirani reports.
The life insurance sector in Kashmir has been...
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...
Stressed Assets Doubled
As the regulator’s restructuring plan envisaged multiple riders, post-August 5, data indicates that Kashmir has doubled its impaired assets in less than nine months,...
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...
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...
Mending ways … and means
To do away with the Rs 2300 crore overdraft the state government has entered into an agreement with RBI, appointing it as sole agent...
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...
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...
J&K has Rs 30,000 Cr with Banks
Banks operating across J&K have advanced Rs 2,537 Cr (Rs 1200 cr in Kashmir, Rs 1277 cr in Jammu and Rs 60 cr in...
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...
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...
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...
Securitizing Autonomy
A new law empowering banks to dispose off mortgaged assets of a defaulter to realize its money clash with state subject laws in J&K....
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...
