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J&K ranks 2nd in GST collections for September

J&K ranks 2nd in GST collections for September

Srinagar: Post lockdown, the Jammu and Kashmir has collected the second-highest Goods and Services Tax (GST) in the country last month. In September, the government witnessed an increase of 30 percent in the GST revenue collections in Jammu and Kashmir. As per the figures, the Centre collected Rs 650 crores GST returns from Jammu and […]

Loan moratorium plan will be ready by October 1, Centre tells Supreme Court

Loan moratorium plan will be ready by October 1, Centre tells Supreme Court

Complexities concerning issue are under active consideration, says govt New Delhi: The government informed the Supreme Court on Monday that complexities concerning the way forward following the expiry of the loan moratorium are under “active consideration” at the highest level. The loan moratorium was in place during the pandemic lockdown. Appearing before a Bench led […]

Paytm app removed from the Play store

Paytm app removed from the Play store

Mumbai: The Paytm app has been removed from the Google Play Store. The reason reported for the removal of the app is that Google doesn’t allow ‘unregulated gambling apps that facilitate sports betting’. According to CNBC-TV18, Google had notified developers about this a few days ago. It also said that it is working with Paytm […]

J&K Bank’s Board of Directors approve plan to raise Rs 4500 Cr Capital

J&K Bank’s Board of Directors approve plan to raise Rs 4500 Cr Capital

Srinagar: The Jammu & Kashmir Bank’s Board-of-Directors have approved the bank’s plan to raise capital up to Rs 4500 Cr in the current financial year. During a meeting chaired by the bank’s CMD R K Chhibber at the bank’s headquarters through video conferencing, the board approved the proposal of ‘raising Equity Share Capital up to […]

Excellent Response in Jammu & Kashmir for Navi Lending App Instant & Contactless Personal Loans

Excellent Response in Jammu & Kashmir for Navi Lending App Instant & Contactless Personal Loans

Strong response from customers across Jammu & Kashmir Customers in cities like Srinagar and Jammu availing loans of up to INR 5 lakhs Eligible loans disbursed within minutes Loans available up to INR 5 lakhs for up to 36 months Completely paperless process Srinagar: The Navi Lending App which was launched in June has received […]

J&K Bank extends GOI’s Credit Guarantee Scheme for Subordinate Debt for stressed MSMEs

J&K Bank extends GOI’s Credit Guarantee Scheme for Subordinate Debt for stressed MSMEs

As part of Atmanirbhar Bharat economic package, J&K Bank has extended the Government of India’s Credit Guarantee Scheme for Subordinate Debt (CGSSD) to provide personal loan to the promoters of stressed MSMEs for infusion as equity / quasi equity in the business eligible for restructuring, as per RBI guidelines. Pertinently, as a special dispensation, RBI […]

Gold hits record high, crosses Rs 50,000 mark

Gold hits record high, crosses Rs 50,000 mark

Srinagar: As economic uncertainty continues in the wake of the rising number of coronavirus cases, gold futures on the Multi-Commodity Exchange (MCX) on Wednesday touched a new high and neared the Rs 50,020 per 10 gram mark. On MCX, August gold futures rose 1% to a new high of Rs 50020 per 10 gram. This […]

J&K Bank lowers interest rates on loans, assures food processing units of maximum support

J&K Bank lowers interest rates on loans, assures food processing units of maximum support

Extends electricity-bill submission date to last day of month in m-Pay Srinagar: J&K Bank has lowered its marginal cost of funds-based lending rate (MCLR) by 0.05 percent for various tenors. Taken during the ongoing pandemic, the move to pass on the benefit of reducing cost of funds to the borrowers, is very much in line […]

J&K Bank employees union hail CMD for exemplary leadership

J&K Bank employees union hail CMD for exemplary leadership

Srinagar: Hailing the bank’s Chairman and Managing Director (CMD) Rajesh Kumar Chhibber for exemplary leadership during a meet here at the bank’s corporate headquarters, J&K Bank’s employees union reaffirmed their commitment towards enhancing the core values of the premier financial institute. The office bearers of the union called on the CMD and apprised him on […]

Everything you need to know about Zoom’s end-to-end encryption debacle

Everything you need to know about Zoom’s end-to-end encryption debacle

New Delhi: While reporting ground breaking growth numbers during its earnings call, Zoom CEO, Eric Yuan, had made a statement that worried security and privacy advocates the world over. Yuan said that the company is looking to make end-to-end encryption (E2EE) a paid feature, and won’t allow access to it for free users. More importantly, […]

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OPINION

Tripartite Dialogue Over Kashmir: Only Way Out

Dr. Moeed Yusuf, Special Advisor to Prime Minister of Pakistan on National Security and Strategic Policy disclosed in an interview with Karan Thapar that India sent us a message for a desire to a conversation. He added that Pakistan stands for conversation that moves us forward. He however emphasized that there are three parties to […]