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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, […]

J&K Bank extends relief under ‘Atmanirbhar Bharat’ to borrowers

J&K Bank extends relief under ‘Atmanirbhar Bharat’ to borrowers

Commissions 2 ATMs in Srinagar Srinagar: With a view to extend relief to its borrowers under the Central Government’s recently announced Special economic and comprehensive ‘Atmanirbhar Bharat’ package, J&K Bank has directed all its operative levels to expedite the processing of loans under the Central Government’s newly announced scheme “Guaranteed Emergency Credit Line (GECL)”. The […]

Chowdhary Group felicitated Restaurant & Café Association

Chowdhary Group felicitated Restaurant & Café Association

Srinagar: Showkat Ahmad Chowdhary, Chairman of Chowdhary group, one of the leading chain restaurants of the Kashmir valley extended all the support to the newly formed Restaurant & Café Association and felicitated its newly formed executive body. A simple function was organized by Hatrick Foods at Zukura today where all the top leading hoteliers and […]

Railways refunds Rs 1885 cr to passengers who booked tickets during lockdown

Railways refunds Rs 1885 cr to passengers who booked tickets during lockdown

New Delhi: The railways said it has refunded Rs 1,885 crore to passengers who booked tickets during the lockdown period and whose tickets were cancelled. The Indian Railways had suspended its regular passenger train services during the nationwide lockdown to contain the spread of the highly contagious coronavirus in India. “As the trains were cancelled […]

Director Tourism and RAK President anticipated a new future of destination Kashmir through Food / Culinary Tourism

Director Tourism and RAK President anticipated a new future of destination Kashmir through Food / Culinary Tourism

Srinagar: Director Tourism, Nisar Ahmad Wani today said that the Department of Tourism Kashmir would aggressively market J&K as a top tourist destination in the upcoming events after the pandemic stricken situation is normalized. He emphasized to promote additional services such as food tourism after the lockdown restrictions are relaxed. The Director sought help from […]

NSF flays J&K Bank authorities for flouting lockdown guidelines

NSF flays J&K Bank authorities for flouting lockdown guidelines

Srinagar: The National Secular Forum (NSF) has flayed the J&K Bank authorities for flouting the lockdown guidelines and exposing the lives of its employees to COVID-19 threat; and surfacing of COVID case in its Ambphalla branch is its live example. In a statement issued, NSF state president Dr Vikas Sharma stated that all the government/autonomous […]

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OPINION

Reform A Society! How And Why

Time goes on, society is changing. The modern technology is on the rise, on the other hand, the younger generation is deteriorating day by day. You and I, including the media, are responsible for this mess. We do not take any practical steps for the betterment of the society. We are the best judge for […]