J&K Bank Profit Declines To Rs 112 Cr In Jan-Mar Quarter
Srinagar- Jammu and Kashmir Bank on Thursday reported a net profit of Rs 112.20 crore for the January-March quarter of FY2022 against Rs 315.75...
Here Is Why Mpay Was Not Working Properly
By Muneeb Naqeeb
As the government of India visions to transform India into a digitally empowered society “Faceless, paperless, cashless” the digital transactions are going...
J&K Bank Gets Latest ISO 27001:2013 Certification
Srinagar- In a major boost to its information and cyber security system, J&K Bank has received the latest certification of prestigious ISO 27001:2013 from...
SBI, BoB, Others Hike Lending Rates By Up To 0.1 Pc; EMIs To Go...
New Delhi- EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and...
RBI Allows MFIs To Fix Interest Rates
Mumbai- The Reserve Bank of India (RBI) on Monday allowed microfinance lenders to fix interest rates on loans with a rider that those should...
J&K Bank Signs MoU With SKIMS For Digital Payment System
SRINAGAR- As part of its strategic drive towards digitalization of banking services, J&K Bank signed MoU with the valley’s premier healthcare institute SKIMS.
The MoU for...
RBI Asks Paytm Payments Bank To Stop Opening New Accounts
Mumbai- The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank.
"Reserve Bank of India...
SBI Stops Transactions Related To Russian Entities Under Sanctions
New Delhi- State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West...
RBI Imposes Penalty On 3 Co-Op Banks
Mumbai- The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh, for deficiencies in...
FM Sitharaman Asks Banks To Be More Customer-Friendly
Mumbai- Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit...