Latest News on Jammu And Kashmir Bank
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Jammu And Kashmir Bank - Total results - 19
Mar 20, 2020
SEBI exempts govt from making open offer to J&K Bank's shareholders; state to hike stake in lender by 8.95%Markets regulator SEBI has exempted Jammu and Kashmir government from making an open offer to shareholders of Jammu & Kashmir Bank following proposed equity infusion that would hike its stake in the lender by 8.95 percent
Feb 29, 2020
Jammu and Kashmir youth jobless and hopeless accuse administration of betrayal after govt scraps recruitment for 1,450 posts in J&K BankHaving waited for almost a year and a half, the youth in Jammu and Kashmir who appeared in the exams for 250 probationary officers (PO) and 1,200 banking associates in J&K Bank are feeling betrayed after the govt scrapped the recruitment process citing citing 'legal infirmities' in the examination process
Jan 07, 2020
Former J&K MLAs submit 15-point memorandum to LG GC Murmu, demand release of detainees, withdrawal of cases against youthEight former legislators led by Syed Altaf Bukhari on Tuesday became the first group of mainstream politicians from J&K to open the channels of communication with the office of Lieutenant Governor GC Murmu and making a slew of demands including restoration of statehood
Nov 04, 2019
Four dead as cash transportation van of bank falls into gorge in Jammu and Kashmir's Kathua districtFour employees were killed when a cash transportation van of a bank skidded off the road and fell into a 400-foot gorge in Jammu and Kashmir's Kathua district on Monday, police said.
Oct 21, 2019
J&K Bank loan fraud: ACB registers FIR in Rs 1,100 cr case; searches underway for bank officials across countryHe said the company approached the Mahim and Vasant Vihar branches of J&K Bank for sanctioning of the advances to make payments to farmers, in accordance with the terms and conditions laid down in the loan sanction order of the bank.
Jun 28, 2019
Anti-Corruption Bureau conducts raids against Jammu and Kashmir bank, files case after unearthing Rs 177-cr fraudThe Anti-Corruption Bureau (ACB) registered a case and conducted raids after unearthing a loan fraud worth over Rs 177 crore in Jammu and Kashmir Bank.
Mar 18, 2019
J&K Bank to sell stake in PNB Metlife for Rs 185 cr to Oman India Joint Investment FundJ&K Bank holds 5 percent stake in the insurance venture.
Jan 14, 2019
Jammu and Kashmir Bank's third quarter net profit rises 43% at Rs 104 cr; gross NPAs decline to 9.94%The gross non-performing assets (NPAs) as a percentage of total advances by end of December 2018 fell to 9.94 percent as against 10.08 percent as on 31 December, 2017.
Nov 14, 2018
RBI imposes fine of Rs 3 cr each on Deutsche Bank, J&K Bank for non-compliance of various normsRBI said the penalties on these two banks have been imposed taking into account the failure of the banks to adhere to the directions issued by it.
May 15, 2018
Jammu and Kashmir Bank announces reduction in interest rates on loans for women borrowersJammu and Kashmir Bank will also establish two 'Ladies Special Branches' - one each in Srinagar and Jammu. In housing loan segment, the bank has reduced the rate of interest by 10 to 40 basis points in non priority segment for women borrowers