JAMMU — The Economic Offences Wing (EOW) of Crime Branch Jammu has filed a chargesheet against a man and his wife in an alleged ₹3.55 crore property fraud case involving a residential plot and house in Sainik Colony, officials said on Friday. The accused have been identified as Peary Lal Koul and his wife Nirmala […]
SRINAGAR — Jammu and Kashmir Managing Director and CEO Amitava Chatterjee on Thursday defended the surcharge on UPI transactions above Rs 2,000, saying it was necessary for maintaining the fledgling system. Chatterjee said it is a misconception that someone is trying to earn from the UPI transaction surcharge. “You can understand the magnitude of the […]
SRINAGAR — Jammu and Kashmir Bank on Thursday reported a 10.6 per cent rise in net profit to Rs 546.36 crore for the second quarter ended September 30, driven by earnings growth and improvement in asset quality. The bank earned Rs 494.11 crore net profit in the year-ago period. Sequentially, its profits surged 28.8 per […]
SRINAGAR — Jammu and Kashmir Bank on Wednesday reported an 11.5 per cent decline in net profit at ₹428.80 crore in the first quarter of the current fiscal. The private sector lender had a consolidated net profit of ₹484.53 crore in the April-June quarter of FY26. Total income of the bank rose to ₹3,765 crore […]
SRINAGAR (KIMS) — J&K Bank on Thursday signed a strategic Memorandum of Understanding (MoU) with the Directorate of Census Operations, Jammu and Kashmir and Ladakh, to collaborate on media, publicity and public awareness activities for the Population Enumeration phase of Census 2027. According to a statement issued by the Bank, the partnership is the first […]
SRINAGAR — The Jammu and Kashmir Bank on Thursday said its total business has crossed the Rs 3 trillion mark in the first quarter of this fiscal, driven by over 16 per cent growth in deposits and more than 25 per cent growth in gross advances. The Bank has registered total business of Rs 3.04 […]
SRINAGAR — In a significant step aimed at expanding pension-related services and improving accessibility for pensioners across Jammu & Kashmir, J&K Bank and Department of Pension & Pensioners’ Welfare (Government of India) today launched a collaborative initiative on the sidelines of the 59th Pre-Retirement Counselling (PRC) Workshop and 13th Bankers’ Awareness Programme held here at […]
SRINAGAR — The government of Jammu and Kashmir on Tuesday signed an agreement with J&K Bank to extend banking, insurance and credit-related benefits to daily-rated workers, contractual employees and other casual workers. The Memorandum of Understanding (MoU), aimed at bringing contractual employees, casual workers and daily-rated workers under a structured framework of banking convenience and […]
SRINAGAR — J&K Bank has bagged Gold award at the Finacle Innovation Awards 2026 in the category for “Modern Technologies-led Innovation – Data Insights & Analytics Platform”. Its MD and CEO Amitava Chatterjee, along with General Manager (Strategy & IT/CIO) Mohammad Muzaffar Wani, received the award at an event organised by Infosys Finacle in Mumbai, […]
JAMMU — Jammu and Kashmir Bank on Tuesday announced robust financial numbers for the October–December quarter of FY26, registering a 10.4 per cent rise in net profit annually and an 18.7 per cent growth sequentially. The bank’s net profit rose to Rs 586.73 crore in the latest third quarter from Rs 531.51 crore recorded in […]