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Jammu and Kashmir Bank
* Last Announced: Jun 07 Result
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NTPC inks pact with J&K Bank for Rs 600cr loan facility       6th-Dec-2012
Country's largest power producer NTPC has tied up borrowing facility worth Rs 600 crore with the Jammu & Kashmir Bank, making it the 100th term loan agreement for the company in the last 13 years.
CAG pulls up J&K Bank for sacrificing Rs 180 Cr under OTS       15th-May-2012
The Comptroller and Auditor General (CAG) of India has pulled up the Jammu and Kashmir bank for sacrificing Rs 180.82 Crores under One-Time Settlement (OTS) during the five years ending March, 2011.
Jammu & Kashmir Bank business up by 25% in H1 FY'12       10th-Oct-2011
The business of Jammu and Kashmir Bank has increased by 25% during the first two quarters of the current fiscal compared to corresponding period last year.
J&K Bank signs MoU with JCB India to provide infra machinery       22nd-Mar-2011
Jammu and Kashmir Bank today said it has signed a memorandum of understanding (MoU) with JCB India Ltd, a leading infrastructure equipment manufacturer company, to provide latest infrastructure development machinery in the state on soft loan terms.
Leaving J&K Bank in a healthy position, says Haseeb Drabu         27th-Aug-2010
Jammu & Kashmir Bank has informed that Dr Haseeb A. Drabu, Chairman of bank has tendered his resignation to the Board of Directors of the Bank.
Will interest rates shoot up post April RBI policy?         25th-Mar-2010
Haseeb Drabu, Chairman of Jammu & Kashmir Bank said that another hike in interest rates is likely in April.
Expect reverse repo hike from RBI around April: J&K Bk         4th-Feb-2010
On Friday, RBI hiked its cash reserve ratio by 75 bps to 5.75%. In an interview with CNBC-TV18, Haseeb Drabu, Chairman of Jammu & Kashmir Bank gave his perspective on the CRR hike, his expectations from the RBI and the road ahead for banks.
RBI won't hike key rates anytime soon: J&K Bank         18th-Sep-2009
I would be inclined to believe that the RBI may not raise the rates, says Haseeb Drabu, Chairman, J&K Bank.
6.1% GDP growth should lead to 22% credit growth: J&K Bank         31st-Aug-2009
Commenting on the GDP numbers declared on Monday, Haseeb Drabu, Chairman, J&K Bank, said, the concern for the banking sector is not so much on the growth of GDP as it is on the composition of GDP.
See 25-50 bps interest rate hike in Q3: J&K Bank         7th-Jul-2009
Doctor Haseeb Drabu of J&K Bank said takeout financing was a welcome move. Banking sector concerns were legitimate, he said. “We are concerned about composition of fiscal deficit not quantum,” he added. “We are likely to see 25-50 bps (basis point) rate
J&K Bank Quarterly Profit up by 10%        29th-Jan-2009
J&K Bank Quarterly Profit up by 10%. For the nine months ended December 31, 2008, the Bank earned total income of Rs. 2344.54 crores as against Rs. 1954.41 crores in the corresponding period of the previous year.
Banks look to deploy more mobile ATMs        5th-Jan-2009
More banks are now looking to deploy mobile ATMs as a means of providing value-added service to customers. Earlier, banks used mobile ATMs more as a showcase than a service, said Ms Rupinder Anand, Director, Sales and Marketing, Diebold.
Private sector, foreign banks to consider rate cut        6th-Nov-2008
The private sector and foreign banks have assured the Government that they will consider its plea for a cut in interest rates. None of the banks, however, indicated by how much the rates will be cut.
J&K Bank H1 profit rises to Rs 210 cr       31st-Oct-2008
J&K Bank H1 Profit rises to Rs.210 crores. The net profit for the quarter ended September 30, 2008 rose to Rs 115.92 crore from Rs. 107.80 Crore compared with a year a go period. For the first half of this fiscal, bank has reported net profit at Rs.210.48
Inflation has almost peaked out: Experts         5th-Sep-2008
Inflation for the week ended August 23 came in at 12.34% as compared to 12.4% last week. Dr Haseeb Drabu, Chairman of J&K Bank feels that the inflation has peaked out, but there would be no secular decline immediately. Amitabh Mohanty, Head of Fixed Income

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