SRINAGAR — Amitava Chatterjee on Monday took over as the Managing Director and Chief Executive Officer of Jammu and Kashmir Bank. Chatterjee took over from Baldev Prakash after the latter’s three-year term came to an end. With an experience of 34 years in the industry, Chatterjee said he would focus on continuing the growth story […]
Tag: J&K Bank
Shah Re Khass Traders welcome new J&K Bank Chairman, Amitava Chatterjee
SRINAGAR [Farhan Kitab] (KIMS) — The Shah Re Khass Traders and Chambers extend a warm welcome to Mr. Amitava Chatterjee as the newly appointed CEO and Chairman of Jammu and Kashmir Bank Ltd. As a key figure in the banking industry, we hold high hopes and expectations that your expertise and strategic vision will drive […]
J&K Bank appoints Amitava Chatterjee as its new Managing Director
NEW DELHI — J&K Bank on Wednesday announced the appointment of Amitava Chatterjee, currently Deputy Managing Director of State Bank of India (SBI), as its new managing director (MD) and CEO. Chatterjee will replace Baldev Prakash, whose term comes to an end on December 29. The Board of Directors in their meeting held on December […]
J&K Bank launches Virtual ATM facility in collaboration with Paymart India Pvt. Ltd.
SRINAGAR — The Jammu and Kashmir Bank on Friday launched virtual ATM facility (vATM) with an aim to leverage technology for financial empowerment of people, especially in rural areas. Committed to enhancing digital convenience for its customers, J&K Bank has launched a vATM — a cutting-edge technology platform — in collaboration with Paymart India Pvt […]
J&K Bank swiftly settles insurance claims worth Rs 3.13 cr for 40 bereaved families
SRINAGAR — In a major relief to bereaved families, J&K Bank has facilitated the swift settlement of MetLoan & Life Suraksha (MLLS) insurance claims for its deceased borrowers from various branches in the Budgam Zone. The claims, amounting to Rs 3.13 crore, have been paid to almost 40 families, alleviating their financial burdens during a […]
J&K Bank profit rises 27% to Rs 415 crore in April-June quarter
SRINAGAR — J&K Bank on Saturday reported a 27 percent rise in net profit to Rs 415 crore in the April-June quarter of 2024-25 compared to the year-ago period. The bank had posted a net profit of Rs 326 crore in the April-June period of the previous year. Total income in the first quarter of […]
J&K Bank wins ‘Outstanding Performance Award’ for agriculture financing
SRINAGAR — J&K Bank has been recognized for its outstanding contributions in two critical areas, receiving the ‘Outstanding Performance Award’ for agriculture financing at the 15th Agriculture Leadership Conclave and the ‘Award of Excellence’ for enrolling the maximum number of APY beneficiaries under the ‘Mission Upgrade’ campaign of the Pension Fund Regulatory & Development Authority […]
Meeting addresses challenges faced by J&K Bank in Pulwama, Shopian
PULWAMA (KIMS) — A significant meeting convened by the J&K Bank Officers Association Kashmir focused on the challenges confronting the banking sector in Pulwama and Shopian districts. Attended by a substantial number of officers, the session received insights from central-level leadership in Srinagar, delving into the multifaceted issues affecting both the staff and clientele within […]
Frequent snags in J&K Bank’s Mpay pushes consumers to wall
SRINAGAR — For the last couple of days, the consumers of Jammu & Kashmir Bank have been facing immense hardships while using its mobile application—Mpay as there has been frequent snags, leaving the people to lurch at large. The news agency KNO received several calls from the consumers of J&K bank, narrating their ordeal while […]