J&K Bank steps up relief initiatives
Customer’s most important stakeholders: CMD
Srinagar: The bank’s Chairman and Managing Director (CMD), Rajesh Kumar Chhibber today took a review of the functioning of the bankin the Union Territories of Jammu & Kashmir and Ladakh in the wake of Covid-19. Addressing the Zonal Heads, Cluster Heads and Lead District Managers in an online review meeting the CMD directed the senior […]
COVID-19: JK Pesticides Association Kulgam donates Rs 3 Lac
Fruit Association, Kulgam Rs. 20 thousand to Red Cross fund
KULGAM: J&K Pesticides Association District, Kulgam Friday donated Rs 3 lac in view of COVID-19 to Red Cross fund. President of the Association, Mohammad Yousuf Nayak along with other members presented a cheque of Rs.3 lakh to Deputy Commissioner, Kulgam, Showkat Aijaz Bhat, who is also Chairman of District Red Cross Society, Kulgam. Present on […]
Fighting corona: J&K Bank to support BCs to ensure banking services
Srinagar: Taking a step to ensure the safety of Business Correspondents (BCs) J&K Bank has announced certain measures to ensure continuity of the services of its 985 Business Correspondents (BCs) for providing essential banking services to its customers in the UT during the ongoing coronavirus pandemic. “A lump sum of Rs 1500 shall be provided […]
Crumble: Poultry Industry becomes latest victim of COVID-19
Due to lockdown, no feed available for chickens: Poultry Farmers
Pulwama: The poultry industry has been hit hard by the outbreak of covid-19 as rumours about the spread of coronavirus through consuming chicken spread far and across in Kashmir valley. Poultry farmers say that the sales have dipped by 80 percent as the prices of poultry products have fallen by miles leading to the financial […]
NPPA sanctions establishment of price monitoring unit in J&K
JAMMU: In order to monitor the availability of essential medicines in the Union Territory of Jammu & Kashmir at affordable prices, the National Pharmaceutical Pricing Authority (NPPA) has accorded sanction to the establishment of Price Monitoring and Resource Unit (PMRU) in J&K. The Authority has identified Jammu & Kashmir as a Pilot location for implementation […]
DDC B’la distributes essential commodities
BARAMULLA: As part of the initiative launched by the district administration to avert any difficulty that may arise due to shortage of essential commodities in view of lockdown in the district the Deputy Commissioner(DC) Baramulla, Dr. G N Itoo, today distributed rice, flour and other essentials among various destitute families of Old Town Baramulla. He […]
JK government infuses 500 Cr capital in J&K Bank
Relaxations implemented in line with RBI Guidelines: J&K Bank CMD
Srinagar: J&K Bank Monday received Rs 500 Cr capital infusion from the government of Jammu and Kashmir to meet the Basel-III requirements. The government had already set aside the amount meant for equity infusion or recapitalization of the bank. Expressing his gratitude towards the government, particularly the Lieutenant Governor Girish Chandra Murmu, for timely infusion […]
Easy movement of trucks: Control Room established at Lakhanpur
JAMMU: The government has set up a 24×7 Control Room at Lakhanpur for hassle free movement of trucks carrying essential supplies to UT of JK. The centre at Lakhanpur will ensure that the waiting time of truck is minimised and trucks are cleared within 30 mins of reporting. The control room can be contacted for […]
J&K Bank loan fraud: Special CBI court rejects bail plea of former FM’s son
New Delhi: A special CBI court in Jammu on Tuesday rejected the interim bail application of Hilal Rather, son of a former Jammu and Kashmir minister, an accused in the Rs 177 crore bank loan fraud case, rejecting his fears of contracting COVID-19 in custody, with the court saying that he will be at more […]
JK Bank offers overdraft facility to Jan Dhan Yojna accounts
Srinagar: Jammu and Kashmir Bank has taken a series of steps to provide relief to the people in the wake of Corono virus pandemic. A major step taken by the bank has been issuance of directions to the operative levels to extent overdraft facility of ten thousand rupees to the Jan Dhan Yojna account holders […]