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 […]
Tag: J&K Bank
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 […]