BUSINESS NEWS

Govt Infuses 500 Crore Capital In J&K Bank

Govt Infuses 500 Crore Capital In J&K Bank

J&K Bank today received Rs 500 Cr capital infusion from the government of Jammu and Kashmir to meet the Basel-III requirements

Can India Endure the Brunt of 21 Day Lockdown?

Can India Endure the Brunt of 21 Day Lockdown?

4% GDP loss for a crippling economic system with growing population and with 17% citizens living underneath poverty line, I worry, may prove to be an economic epidemic, as specialists name it, for India.

RBI Slashes Interest Rate by 75 Bps, Permits Freeze on EMI Payments

RBI Slashes Interest Rate by 75 Bps, Permits Freeze on EMI Payments

RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months as it slashed the cost of fresh borrowing by cutting policy interest rate to counter the economic fallout of the fast-spreading pandemic.

JK Bank Waives Charges on Digital Transactions

JK Bank Waives Charges on Digital Transactions

J&K Bank has waived charges on digital transactions and non-maintenance of minimum balance on all accounts till June 30, 2020 in view of the ongoing lockdown imposed to Covid19 pandemic.

Govt Extends Tax Deadlines, Waives ATM Charges

Govt Extends Tax Deadlines, Waives ATM Charges

The government on Tuesday extended the deadline for filing income tax and GST returns, raised threshold of default that could trigger insolvency of a company

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