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Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. [2] 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]
The statewide combined competitive examination is conducted for recruitment of various state civil service. While the Jammu and Kashmir Accounts Service is a civil service responsible for overseeing the Financial Administration and Management of the Union territory of Jammu and Kashmir.
The board has been constituted in exercise of powers conferred by Provision of Section 124 of the Constitution of Jammu and Kashmir in accordance with Section 15 of J&K Civil Services Decentralization and Recruitment Act 2010. [2] [3]
The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [ 1 ] The next major government intervention in banking took place on 19 July 1969 when the Indira government nationalised an additional 14 major banks.
To conducts state wide examinations and recruitment process for appointments to the various posts on state level. Every year, it submits a report about the work done by the commission to the state governor. To ensure the procedures of transfer, promotion, recruitment, and dismissals of personnel by constitutionally prescribed principles.
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
The J. K. Organisation is an Indian industrial conglomerate, with headquarters in Delhi, Kanpur and Mumbai. It is run by the Singhania family , which rose to prominence in Kanpur , India, under Lala Kamlapat Singhania .