BUSINESS

Chief Secretary chairs meeting on registration, renewal of houseboats

Chief Secretary chairs meeting on registration, renewal of houseboats

Srinagar, Apr 27: Chief Secretary, Dr Arun Kumar Mehta, Wednesday chaired a meeting to review the policy and guidelines on Dal Lake for registration, renewal and operation of houseboats in Dal and Nigeen Lakes besides discussing legal frame work for enforcing the policy. The meeting was attended by Principal Secretary, General Administration Department, Manoj Kumar Dwivedi; […]

Loan Fraud Case: CBI, ACB raid 4 business units of J&K Grameen Bank in Pattan, Sopore

Loan Fraud Case: CBI, ACB raid 4 business units of J&K Grameen Bank in Pattan, Sopore

Srinagar Apr 26:  Central Bureau of investigation along with the officials of Anti-corruption bureau Srinagar carried out searches at 4 different branches of J&K Grameen bank at Mirgund, Pattan, Khanpeth and at the office of General Manager, J&K Grameen bank Sopore.  According to sources, the raids were carried following complaints of embezzlement of Crores of […]

Stand-Up India scheme: J&K CS expresses displeasure over performance of banks, directs RBI to come up with measures to improve lending

Stand-Up India scheme: J&K CS expresses displeasure over performance of banks, directs RBI to come up with measures to improve lending

Srinagar, Apr 19: Jammu & Kashmir’s chief secretary has expressed dissatisfaction over performance of banks under the Stand-Up India scheme and directed the Reserve Bank of India to come up with measures to improve lending under it. A record note of the 6th Jammu & Kashmir Union Territory Level Bankers Committee meeting held on March […]

At J&K’s UTLBC, banks express concern that amendments in land laws can hit credit dispensation 

At J&K’s UTLBC, banks express concern that amendments in land laws can hit credit dispensation 

Srinagar, Apr 07: The banks operating in Jammu and Kashmir have expressed concern that amendments made in land laws of J&K “will hamper credit dispensation “as the agriculturist borrowers will have to obtain prior permission of the district collector even in government sponsored schemes for every mortgage offered by the borrower.” According to minutes of the […]

Trade-margin on Medical Devices capped to end menace of exaggerated Maximum Retail Price: Div Com Kashmir

Trade-margin on Medical Devices capped to end menace of exaggerated Maximum Retail Price: Div Com Kashmir

SRINAGAR, APRIL 03:The Divisional Commissioner Kashmir, Pandurang K Pole on Sunday said that the administration has achieved a major breakthrough in keeping the menace of printing exaggerated Maximum Retail Price (MRP) by pharmaceutical-companies on the label of medical devices. The development took place after Divisional Commissioner Kashmir, Pandurang K Pole took serious note of information […]

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