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Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir.The Jammu and Kashmir Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh.
Parvez Ahmad was chairman and CEO of Jammu and Kashmir Bank. He was removed by the state government on the charges of "mis-governance". He is the second chairman and CEO of J&K Bank, after Haseeb A Drabu, to be suddenly removed by the J&K state government. [1] [2] On 23 September 2021, Nengroo joined the Jammu and Kashmir People's Conference [3]
In June 2019, the Reserve Bank of India approved the appointment of Chhibber as interim chairman and managing director (CMD) of the Bank, following the removal of Parvez Ahmad from the post by the state government. [9] [10] He also served as the Chairman of J&K Grameen Bank an Indian Regional Rural Bank. He was elevated as the Executive ...
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As J&K Bank FC, they began their journey through participating in JKFA Professional League in the 2020–21 season. [11] [12]In April 2021, J&K Bank as a professional club, achieved success in the 28th annual J&K Football Championship, delivering title winning performance against rivals Real Kashmir Reserves at the TRC Turf Ground.
As finance minister of J&K, he designed and negotiated a Rs 80,000 crore development package for J&K which was announced by the prime minister in May 2015. [19] He also negotiated the first-ever FDI to set up a logistics hub in J&K. [ 20 ] He introduced a new state budget structure and a new government payments system.
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Founded as the Bank of Oman in 1967, it now offers online banking and e-commerce. [ 5 ] [ 6 ] Mashreq has 16 overseas offices in 13 countries, with corporate banking businesses in Bahrain , Qatar , Kuwait , and India , as well as corporate and retail banking in Egypt and foreign exchange businesses in Bangladesh , Pakistan , and Nepal .
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