Banks in JK flout RBI norms

Make profits without contributing to state economy

MUSHTAQ AHMAD

Srinagar, Nov 20: Despite consistently increasing their business in Kashmir, most of the banks operating in the Valley don’t adhere to RBI instructions on priority sector lending.  Interestingly, some top-notch banks including HDFC Bank, ICICI Bank, Yes Bank, Axis Bank and IndusInd Bank also More

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JK Bank holds customer meet in Apple Town

GK NEWS NETWORK

Srinagar, Nov 20: Continuing with its campaign to enhance customer service, J&K Bank Saturday conducted a customer meet at Dak Bangalow, North Kashmir.  The meet was organized by cluster-II, Kashmir north, of the bank. Zonal Head, Kashmir North G Q Shah chaired the meeting. Senior bank More

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Reliance Life Insurance’s 'Customer First' program concludes

GK NEWS NETWORK

Srinagar, Nov 20: Reliance Life Insurance Company (RLIC), a part of Reliance Capital Limited, concluded the ‘Customers’ Day celebrations’ across North and North Central Zone comprising Punjab, Haryana, Rajasthan, Delhi, Uttar Pradesh, Uttaranchal and Jammu & Kashmir. The event, which More

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Candidates Appeal Chairman JK Bank

‘Waiting list not yet notified’

Srinagar, Nov 20: Candidates who had applied for the post of Banking Associate in Jammu and Kashmir Bank have appealed to the bank authorities to notify the waiting list for the posts. According to the candidates the bank selected 1500 banking associates, of which some did not join leaving such More

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Mineral wealth in Kupwara remains untapped

District has 4 cr ton lignite coal deposits: Report

SHAHID RAFIQ

Kupwara, Nov 20: Lack of technology-based strategy by the government and disinterest of owners have hindered the revival the decades’ old mineral factories in this north Kashmir district.  "Before eruption of armed struggle in Kashmir, there were scores of factories of world famous marble More

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PNB officers’ federation for recruitment drive in Kashmir

‘We are facing acute shortage of staff’

MUKEET AKMALI

Srinagar Nov 20: Maintaining that PNB was facing acute shortage of staff in the Valley, president, All India Punjab National Bank Officers Federation, Dr Kumar Arvind today appealed the Bank management to launch a special recruitment drive to appoint educated youth of Kashmir.  Speaking at More

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SKUAST program on human resource mgmt concludes

GK NEWS NETWORK

Srinagar, Nov 20: A training program on ‘human resource management’ for non-teaching fraternity held at SKUAST-K, here concluded Saturday. The week-long training and counselling was organized by varsity for the non teaching fraternity from Nov 14 to 19. The programme was aimed to More

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Railways to launch revamped Tatkal scheme today

 New Delhi, Nov 20: Aiming to make emergency travel easy for the passengers and check touts at ticket booking counters, Indian Railways will reduce the advance reservation period for Tatkal tickets from 48 hours to 24 hours and will not pay refunds on confirmed tickets from Monday. According to More

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Gold makes govt richer by Rs1 lakh cr in 2 years

PRESS TRUST OF INDIA

New Delhi: Value of gold in the government's kitty  has grown by over Rs 1,00,000 crore in about two years, helped by  a sharp rally in the bullion price and a 200-tonne purchase from  IMF in November 2009. The appreciation in the gold bought from the IMF (International  Monetary More

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Doubling debit card limit

J&K Bank Global Access card has dramatically changed the way day-to-day transactions are being conducted here in our state – be it anytime and anywhere cash withdrawal from ATMs or purchase of goods.

BANK WATCH By Sajjad Bazaz

WHAT’S the difference between an ATM card and a debit card? Which one is better? These were a few questions posed to me by one of the readers last week. In his communiqué he has expressed his confusion over the nomenclature of these cards. Even as ATM card as well as a Debit card is used More

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