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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]
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 ...
The latest new business venture between the two countries is a new 6,700 sq. m. Thai shopping centre in Manama, set to launch in the first half of 2019 and described as an opportunity for Thai small and medium-sized enterprises to reach a huge potential market of Saudi shoppers, [12] said to be the biggest economic centre in Bahrain, with ...
Jammu & Kashmir Bank Football Club (simply known as J&K Bank FC [3] or J&K Bank XI) is an Indian professional football club based in Jammu and Kashmir, [4] that competes in the JKFA Professional League. [5] [6] It is an institutional club as they are owned by Jammu & Kashmir Bank and was founded in 1984. The U-18 team played in Elite League. [7]
In Islamic banking it has become a term for both a marked-up price and deferred payment – a way of financing a good (home, car, business supplies, etc.) whereby the bank buys the good and resells it to the customer at higher price (informing the customer of the price increase), and offering to take payment in installments or in a lump sum. [279]
Bahrain, [a] officially the Kingdom of Bahrain, [b] is an island country in West Asia. It is situated on the Persian Gulf , and comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands , centered on Bahrain Island which makes up around 83 percent of the country's landmass.
[12] [16] Following the conversion of Bahrain to Islam in 628 AD, work on one of the earliest mosques in the region, the Khamis Mosque, began as early as the seventh century AD. During this time, Bahrain was engaged in long distance marine trading, evident from the discovery of Chinese coins dating between 600 and 1200 AD, in Manama. [12]