JK Bank over-achieves lending targets by 106 pc

We offer other banks Rs 500 cr portfolio to increase their priority sector lending in J&K: Dr Drabu

GK News Network

Srinagar, May 20: With its largest share of Rs 12,173.65 crore in the aggregate outstanding credit portfolio of Rs 17,117.66 crore in J&K by March 2010-end, the J&K Bank has yet again emerged as the state’s largest lender. Whereas the Bank has contributed a whopping 71 per cent to the outstanding More

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Rs 375 cr Saffron development plan formulated

GK News Network

Srinagar, May 20: Government has formulated a massive Rs 375 crore plan for the development and revival of saffron cultivation in the state. The plan is expected to be submitted to the Prime minister, Dr Manmohan singh when he visits to the state.   The Plan has been formulated by a More

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JK Handicrafts posts Rs 11 cr turnover

GK News Network

Srinagar, May 20: J&K Handicraft (S&E) Corporation has achieved Rs 11 crore turnover during the last year as against Rs. 9.72 crore during 2008-09. The Corporation has fixed a target of Rs. 13.39 Crore for the current fiscal.This information, according to an official statement, was given More

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CPI(M) for crop insurance in JK

PRESS TRUST OF INDIA

Srinagar, May 20: Demanding the introduction of crop insurance scheme in J&K, the CPI (M) today asked the state government to provide relief to farmers who suffered heavy loss due to natural calamities."We are concerned over the damage to fruits and crops due to recent incessant rains and hailstorm More

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Rs 182 cr advanced in Varmul

GK News Network

Srinagar, May 20: Banks have advanced Rs 182.70 crore to small-scale industrial and agriculture-related units in Varmul in the previous financial year, an official statement here said. While Rs 106.50 crore was provided to the agricultural sector, the small industries and service sectors got Rs 22 More

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USE appoints 2 directors

GK News Network

Srinagar, May 20: United Stock Exchange has announced appointment of two new independent directors on its Board. Arun Ramanathan, Former Union Finance Secretary and Dipak Chatterjee, Former Union Commerce Secretary have joined the board as independent directors, it said in an e-mail to Greater Kashmir More

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Cheques distributed

Uri, May 20: Minister for PHE, Irrigation & Flood Control, Taj Mohiud Din today distributed cheques worth Rs. 13.30 lakh among 133 beneficiaries of the block under the National Family Benefit Scheme here today. The Ministeralso distributed pre matric scholarships worth Rs. 5.21 lacs among 600 More

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Telecom stocks surge 6 pc on 3G auction close

PRESS TRUST OF INDIA

Mumbai, May 20: Shares of telecom companies surged by as much as 6 per cent on the BSE, a day after 3G mobile licence auction came to an end. Shares of Idea Cellular surged 5.97 per cent to a high of Rs 55.90 and Bharti Airtel jumped to a high of Rs 265.65, up 2.35 per cent on the Bombay Stock Exchange More

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