Higher Risk Weight On Unsecured Bank Loans Credit Positive: Moody’s

New Delhi- The RBI's decision to tighten norms for unsecured personal loans is credit positive because lenders will need to allocate higher capital for...

RBI Tightens Norms On Personal Loans For Banks, NBFCs

Mumbai- The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking financial companies. The revised norms wherein risk weights have...

Rs 820 Cr Erroneously Credited To UCO Bank Account Holders Due To Technical Glitch

New Delhi- As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described as an erroneous...

Timely Settlement Of Insurance Claims Big Relief For Kin Of JK Bank Customers

Srinagar- In a major relief to the affected families, J&K Bank facilitated the swift settlement of twenty-two MetLoan & Life Suraksha (MLLS) insurance claims...

J&K Bank Hosts Atal Pension Yojana (APY) Outreach Program

Srinagar- As part of the country-wide Atal Pension Yojana (APY) Outreach Programs, Pension Fund Regulatory and Development Authority (PFRDA) Wednesday conducted one such programme...

J&K Bank H1 Net Profit Jumps 73% YoY To Rs 707 Crore, Q2 Net...

We are on course to meet our annual guidance numbers: MD & CEO Srinagar- J&K Bank’s net profit rose 56.5% Year-on-Year (YoY) to Rs 381.07 Cr...

J&K Bank Wins Best Risk & Cyber Security Initiatives Award At ASSOCHAM Summit

Bags runner-up trophy for Best Digital Initiatives in the country The gesture will encourage us to further excel in the rewarded categories: MD...

J&K Bank Makes Account Opening Facility Online

We have taken an important step in our digital journey: MD &CEO Srinagar- Adding yet another prominent product to enrich its digital portfolio, J&K Bank...

Chief Secretary Chairs 11th UT-Level Bankers’ Committee Meeting

• Says J&K needs to be at par with National Average in banking sector performance parameters. • Directed banks to work in tandem with line...

RBI Proposes Stringent Norms For Wilful Defaulters

Mumbai- The Reserve Bank on Thursday proposed tighter norms for treatment of wilful defaulters under which banks and other lenders will be required to...