J&K Bank Signs MoU With LiuGong India Pvt Ltd

Srinagar- With a view to facilitate its clients, J&K Bank Saturday entered into an agreement with LiuGong India Pvt. Ltd to be one of...

RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates

Mumbai- The RBI on Friday directed banks to allow individual borrowers paying loans through EMIs to opt for fixed interest rate system or extension...

RBI Keeps Interest Rates Unchanged In Hawkish Policy

Mumbai- The Reserve Bank of India (RBI) on Thursday left its key interest rates unchanged for a third straight meeting but signalled tighter policy...

RBI’s Rate-Setting Panel Starts 3-Day Deliberations On Monetary Policy

Mumbai- Amid expectations of another status quo on the key interest rates, RBI Governor Shaktikanta Das headed high-powered rate-setting panel MPC on Tuesday began...

Banks Write Off Rs 14.56 Lakh Crore NPAs In Last Nine Financial Years

New Delhi- Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed...

RBI May Continue To Hold Rate Amid Concern Over Inflation: Experts

New Delhi- The Reserve Bank is likely to continue with the pause on the key interest rate at its upcoming monetary policy review, as...

RBI Likely To Maintain Status Quo On Interest Rates: Experts

Kolkata- With inflation inching up, experts feel that the Reserve Bank of India is likely to maintain the status quo on key interest rates. The...

Top 50 Wilful Defaulters Owe Rs 87,295 Crore To Banks

New Delhi- The finance ministry on Tuesday said top 50 wilful defaulters including Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and...

J&K Bank To Launch Another OTS Scheme To Bring Down NPAs: MD

Srinagar- The Jammu and Kashmir Bank will launch another one-time settlement scheme for defaulters to bring down its non-performing assets, MD and CEO Baldev Prakash...

 J&K Bank’s Q1 PAT Zooms 97% YoY To Rs 326 Cr

The idea is to keep strengthening the core to ensure continuous and sustainable growth: Baldev Prakash Srinagar- In an impressive Q1 performance, J&K Bank’s net...