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Source: ianslive.in
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CAG Pulls Up JK Bank For Hiring Broadway Hotel For Its Operations
SRINAGAR: The Comptroller and Auditor General of India has pulled up the Jammu & Kashmir Bank for incurring a wasteful expenditure of Rs 5.28 crore by hiring hotel Broadway in Srinagar, which was not used at all for its operations.
Source: kashmirlife.net
CAG comes down heavily on J&K Bank for 'wasteful expenditure' of Rs 7 cr
In its latest report titled 'Management of fixed assets by J&K Bank Limited', the auditor and Comptroller General of India (CAG) has come down heavily on the bank for 'wasteful expenditure', which includes over Rs 7 crore for a premises ...
Source: prokerala.com