Jammu and Kashmir Governor Satya Pal Malik’s administration on Saturday removed the chairman and managing director of J&K Bank, Parvez Ahmed and appointed the bank’s executive president, R K Chhibber interim chairman. According to online media reports, Ahmed was called by the J&K Chief Secretary for a meeting in the morning, where the state government’s decision was … Read more
In a landmark decision, the J&K Bank has finally come under the purview of the Right to Information Act. It is pertinent to mention that the bank has been adamant on complying with the Act, till date. Here are a few things to know about the recent development: The proposal for treating the bank as … Read more
The Nirav Modi scam has touched even Jammu & Kashmir, with the state’s premier bank saying that the jeweller’s maternal uncle and business partner Mehul Choksi defaulted on a Rs 121-crore loan. Jammu & Kashmir Bank’s branch in Fort, Mumbai, granted the loan to Choksi’s Gitanjali GemsBSE -4.92 % in 2012 and he was later … Read more
The elections for Board of Directors of the Citizen Cooperative Bank Ltd., Jammu, held recently. But do we know enough about it? This article will provide you some facts about this bank. Here we are providing you: The Citizens’ Cooperative Bank Ltd. Jammu is the First and Largest Urban Cooperative Bank in the Jammu & … Read more