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  • Trade Alleges ‘RSS Push’ In SARFAESI Act Implementation

    Trade Body Alleges ‘RSS Push’ In SARFAESI Act Implementation

    KEA asked the state government to stop politics of appeasement towards Delhi and be concerned about the interests of Jammu & Kashmir. 'Business community is being chocked from all sides and we cannot be silent spectators to this slow poisoning'
  • JK Bank Parvez Ahmad launching Bajaj Allianz Health and Wellness Card

    Parvez Pitches for hedging business risk through customized insurance products

     In pure business terms, satisfied customer is our sole strength. And we must always keep in mind that as state’s Flagship Company, we draw all the advantages from this particular geography and its people. Therefore, all our plans, partnerships
  • RBI rejects RTI on notes in JK

    RBI rejects RTI on notes in JK

    Reserve Bank of India has refused to share information about total number of currency notes of Rs. 2000 and Rs. 500 that were issued  to different banks/financial institutions operating in Jammu and Kashmir State since new notes were released.
  • Banks in JK disburse Rs 8584 Cr in 9 months

    Banks Disburse Rs 8584 Cr In 9 Months

    Credit aggregating to Rs 8584.24 Cr has been disbursed among 271826 beneficiaries in various sectors of state economy during the first three quarters of FY 2016-17 under Priority and Non-Priority sector by the 46 banks
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    ‘Militancy Countered Note Ban Effect In Kashmir’

    Jammu and Kashmir was not affected by demonetization because people deposited their money in banks after armed rebellion broke in the State, the PDP-BJP coalition government has revealed in Economic Survey report 2016.
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    No Limit On Cash Withdrawal From March 13: RBI

    In a welcome move, the Reserve Bank of India on Wednesday decided to phase out weekly limit on cash withdrawal from savings accounts in two stages, starting from February 20.First, the weekly withdrawal limit for savings accounts
  • Image credit: Money Sharma / AFP

    Tracing Paytm's ambitious journey, from payment platform to payments bank

    Seven and a half years after it was first launched as a payment platform – at a conference which was more of “home” for One97, a mobile VAS company, than a payments business – Paytm is now a payments bank. Paytm began as a payments platform for enter
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    Govt asks banks to obtain PAN of all account-holders by Feb 28

    The Union Government has asked the banks to obtain and link PAN or Form No 60 (where PAN is not available) in all existing bank accounts  by February 28.
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    SARFAESI Act: Criticism To SC Ruling ‘Misplaced’, Says Drabu

    Terming the criticism to Supreme Court (SC) ruling on SARFAESI Act vis-à-vis Jammu and Kashmir as completely misplaced, Finance Minister Haseeb Drabu said it reaffirmed that Transfer of Property Act actually prevails.
  • Rs 500/1,000 notes valid for key utility payments till Nov 24

    Rs 500/1,000 notes valid for key utility payments till Nov 24

    With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till Novembe

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