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Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. [2] The Jammu and Kashmir Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh.
Bank of Azad Jammu & Kashmir is the state-owned bank of Government of Azad Kashmir which is based in Muzaffarabad, Azad Kashmir. [3] [4] It was founded in 2005. [5] BAJK has a network of 84 branches. [6] [7]
Parvez Ahmad was chairman and CEO of Jammu and Kashmir Bank. He was removed by the state government on the charges of "mis-governance". He is the second chairman and CEO of J&K Bank, after Haseeb A Drabu, to be suddenly removed by the J&K state government. [1] [2] On 23 September 2021, Nengroo joined the Jammu and Kashmir People's Conference [3]
In June 2019, the Reserve Bank of India approved the appointment of Chhibber as interim chairman and managing director (CMD) of the Bank, following the removal of Parvez Ahmad from the post by the state government. [9] [10] He also served as the Chairman of J&K Grameen Bank an Indian Regional Rural Bank. He was elevated as the Executive ...
Jammu [b] and Kashmir [c] (abbreviated J&K) is a region administered by India as a union territory [1] and consists of the southern portion of the larger Kashmir region, which has been the subject of a dispute between India and Pakistan since 1947 and between India and China since 1959. [3]
A universal bank is a type of bank which participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide wealth and ...
As J&K Bank FC, they began their journey through participating in JKFA Professional League in the 2020–21 season. [11] [12]In April 2021, J&K Bank as a professional club, achieved success in the 28th annual J&K Football Championship, delivering title winning performance against rivals Real Kashmir Reserves at the TRC Turf Ground.
Soon after his exit, the alliance broke and the BJP-PDP government in J&K fell. [15] While he was the finance minister of J&K, Jammu and Kashmir reached Rank 7 in fiscal management, leaving behind states like Maharashtra, Uttar Pradesh, and Madhya Pradesh. This is as per the Public Affairs Index (PAI) by the Public Affairs Centre India. When he ...