J&K Bank Records Highest-Ever Net Annual Profit Of Rs 1,197 Crore

Srinagar- Jammu and Kashmir Bank has announced its highest-ever net annual profit of Rs 1,197 crore in the results for the financial year 2022-23.With...

Indian Banking System Remained Resilient, Not Adversely Impacted By Recent Global Events: RBI Governor...

Mumbai- Reserve Bank Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and not adversely impacted by recent events in...

RBI Issues Detailed Norms For Outsourcing Of IT Services By Banks, NBFCs

New Delhi- Reserve Bank of India on Monday came out with detailed norms for outsourcing of IT services by banks, NBFCs and regulated financial...

Retail Loan Securitisation Rises 56% To Rs 1.76 Lakh Cr In FY23

New Delhi- Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that...

RBI Unexpectedly Keeps Interest Rate Unchanged

Mumbai- After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank of India (RBI) on Thursday unexpectedly kept...

Govt Hikes Interest Rates On Most Small Savings Schemes

New Delhi- The government on Friday raised interest rates on most post office saving schemes by up to 0.7 per cent for the April-June...

J&K Bank MD & CEO Launches Banks e-Patshala

Srinagar- J&K Bank MD & CEO, Baldev Prakash Wednesday rolled out J&K Bank’s maiden staff portal - JKB e-Pathshala - a Unified e-learning platform...

KCCI Delegation Calls On J&K Bank MD & CEO

Srinagar- A delegation of Kashmir Chamber of Commerce and Industries (KCCI) today called upon MD & CEO J&K Bank Baldev Prakash at Corporate Headquarters. During...

RBI Governor Cautions Banks About Excess Asset-Liability Build-Up

Mumbai- Reserve Bank Governor Shaktikanta Das on Friday cautioned banks against any excessive mismatches in their asset-liabilities front, saying both are detrimental to financial...

Fear Grips Financial Markets Following US Bank Failures

New York- Fear is gripping Wall Street about what's next to topple following the second- and third-largest bank failures in U.S. history, and stocks...