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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.
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
Kashmir Division: Kashmir South and Kashmir North ; 13 per cent of the Muzaffarabad district. [5] Ladakh Division: Kargil and Leh districts. (Became the union territory of Ladakh on 31 October 2019.) The districts were reorganised by 1968, breaking up some of the larger districts. [6]
In March 2020, a three-member Delimitation Commission was formed, chaired by retired Justice Ranjana Prakash Desai, for the delimitation of the Union Territory of Jammu and Kashmir. [2] The final delimitation report was released on 5 May 2022 under which additional 6 seats were added to Jammu division and 1 seat to Kashmir division , taking the ...
Jammu and Kashmir is a union territory in India under the terms of Article 239A (which was initially applied to Puducherry and is now also applicable to the union territory as per the Jammu and Kashmir Reorganisation Act, 2019) of the Constitution of India. Jammu and Kashmir has executive, legislative and judicial branches of government.
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]
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 ...
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]