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...
Budget 2011-12: Structural Reforms
Structural reforms are like medical surgery. Such surgical operations have to be carried out only when they become inevitable and they always result into...
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...
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...
Costly handling
The government needs to be sensitive in its handling of the only listed company of the state, and not treat it in the same...
Ousted
In a surprising move, the government has ousted Dr Haseeb Drabu as chairman JK Bank without assigning any reasons. A Kashmir Life report.
After 18...
Strong Bank Getting Stronger
J&K Bank defines itself as a bank with local origins, national presence and international standards of service. A relatively small bank as cpmpared to...
Partnering progress
In a panel discussion presided over by chief minister Omar Abdullah on J&K’s Economic Reconstruction through Public Private Partnership (PPP) last week, economist and...
Credit Guaranteed
J&K Bank Chairman Dr Haseeb A Drabu talked about the prospects and problems of Credit Guarantee Fund Scheme at a seminar on the issue...
Boost for small industry
The J&K Bank’s Technology Up-gradation Fund Scheme introduced this week gives micro and small enterprises not just capital to upgrade their units, but would...
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....
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 to lend men
The state owned J&K Bank is planning to put a director each on boards of local companies it supports. A Kashmir Life report.In coming...
Kashmir: The Birth of a Bank
Kamraz Rural Bank and Jammu Rural Bank merge to form J&K Grameen Bank, R S Gull reports.
After a three-year wait for the Union finance...
“Profitability High on Lending Operations in Jammu and Kashmir”
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...
