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RBI recommends shrinking J&K government share in Jammu and Kashmir Bank

In 1959, an exception had been carved out in banking law to allow the state government to become a majority shareholder of the bank. This may now change. ....

Jammu And Kashmir , New Delhi , Kashmir Bank , Jk Bank , Indian Constitution , Reserve Bank , Kashmir Bank Limited , Banking Regulation Act ,

The Jammu and Kashmir Bank Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024

The Jammu and Kashmir Bank Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported net income was INR 6,334.4 million. ....

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Banks' Lending: Banks' lending in agri sector below RBI target: Committee | Ranchi News

The credit lending of banks in the agriculture sector in the state is significantly below the goal fixed by Reserve Bank of India (RBI). The total lending of banks as on December 31, 2023 was around Rs 1.2 lakh crore while the agriculture loans were approximately Rs 18,897 crore. Find out more about the issue and the recommendations made by State Level Bankers Committee (SLBC). ....

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