BUSINESS

LG inaugurates 4.5 Crore Sukhnag Sozni cluster in Budgam

LG inaugurates 4.5 Crore Sukhnag Sozni cluster in Budgam

Srinagar, June 25: Lieutenant Governor, Manoj Sinha today inaugurated Sukhnag Sozni Embroidery Cluster at Radbugh in Budgam. The cluster is established by the J&K Khadi & Village Industries Board (KVIB) with the financial assistance of Rs. 4.45 crores provided by Ministry of MSME (GOI) under (Scheme of Fund for Regeneration of Traditional Industries) meant for […]

UT-Level Bankers’ Committee meeting: Ultimate aim of ‘loaning has to be to help improve employment generation,’ says Govt

UT-Level Bankers’ Committee meeting: Ultimate aim of ‘loaning has to be to help improve employment generation,’ says Govt

  Srinagar, Jun 22: Chief Secretary, Dr Arun Kumar Mehta Wednesday said J&K government is envisaging to double the size of the economy in the coming five years and banks have a huge role to play in realising the target. He made these comments while chairing the 7th Union Territory Level Bankers’ Committee meeting in […]

J&K Bank MD Baldev Prakash calls upon Union Finance Minister

J&K Bank MD Baldev Prakash calls upon Union Finance Minister

SRINAGAR, JUNE 21 : MD & CEO J&K Bank, Baldev Prakash, today called upon Union Finance Minister Nirmala Sitharaman in Delhi. On the occasion, Finance Minister directed the Bank to continue its mission of financial empowerment. The Bank has been playing its role well in the development of J&K, Ladakh and other parts of the […]

To reduce Non-Performing Assets, J&K Bank rolls-out one time settlement scheme- Special Karz Mukti Scheme

To reduce Non-Performing Assets, J&K Bank rolls-out one time settlement scheme- Special Karz Mukti Scheme

SRINAGAR, JUN 16: As part of its wider drive to reduce Non-Performing Assets, J&K Bank today rolled-out its second One-Time Settlement (OTS) scheme. The Bank’s MD & CEO, Baldev Prakash launched the scheme titled ‘JKB Special Karz Mukti Scheme – 2022’ for NPAs in presence of the entire top-management at corporate Headquarters. Bank’s Divisional Heads […]

Income Tax Deptt Raids Luxury Hotel Owner in Srinagar

Income Tax Deptt Raids Luxury Hotel Owner in Srinagar

Srinagar, June 15: The Income Tax department on Wednesday raided the residence of a luxury hotel owner in Nishat area of summer capital Srinagar. Sources said that sleuths of the income tax department raided the residence of Feroz Ahmad Sheikh and Khalid Sheikh, both sons of Ghulam Ahmad Sheikh, who are said to be the […]

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