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Rupee slips 48 paise to 76.08 against US dollar in early trade amid coronavirus scare

Rupee slips 48 paise to 76.08 against US dollar in early trade amid coronavirus scare

New Delhi, April 03: The Indian rupee fell 48 paise to 76.08 against the US dollar in opening trade on Friday, as investors braced for a prolonged period of uncertainty as coronavirus cases witnessed a sharp rise across the world and in India. Forex traders said weak opening in domestic…

COVID-19: Amid lockdown, two Kashmiris launch website for free online medical consultation

COVID-19: Amid lockdown, two Kashmiris launch website for free online medical consultation

  Srinagar, Mar 31: Amid the growing scare and fear besides lockdown in view of the spread of COVID-19, two Kashmiris have launched a website to give free medical consultation to patients across valley. According to wire service-Kashmir News Observer (KNO), two Kashmiris from Srinagar came together to launch the…

J&K Bank has to keep EMI deduction on hold or action will follow: RBI Spokesperson

J&K Bank has to keep EMI deduction on hold or action will follow: RBI Spokesperson

Srinagar, March 30: Reserve Bank of India Spokesperson said that J&K Bank is bound to follow the directive of RBI to put deduction of all EMI payments on hold for three months due to prevailing situation. RBI Spokesperson informed the KNS that after any such directive from RBI, banks call…

J&K Bank not adhering to RBI guidelines. EMI’s deducted from accounts: KTMF

J&K Bank not adhering to RBI guidelines. EMI’s deducted from accounts: KTMF

Srinagar, Mar 30: Terming it highly unfortunate , Kashmir Traders & Manufacturers Federation (KTMF) today said, RBI has clearly asked banks to put on hold EMI payments on all term loans including personal,home, education and other loans for three months and cut interest rate falling due from March 1, 2020…

Search begins for appointing Managing Director of J&K Bank

Search begins for appointing Managing Director of J&K Bank

Srinagar, Mar 28: The Jammu & Kashmir government has flagged off the search for appointing first fulltime managing director of J&K Bank. To begin with, the J&K Bank has invited applications from professionals with experience in mainstream banking sector for filling the key position. According to advertisement notice, the candidate…

On RBI directive, J&K Bank announces three months EMI, Interest moratorium on loans for consumers

On RBI directive, J&K Bank announces three months EMI, Interest moratorium on loans for consumers

Waives charges on digital transactions, non-maintenance of minimum balance Srinagar, Mar 27: Jammu and Kashmir Bank Chairman and Managing Director (CMD) Rajesh Kumar Chhibber Friday appealed the customers of the bank to strictly follow the government directives regarding containment of the rising Covid-19 infections and maintain social distancing as mandated…

J&K Bank to fully implement RBI guidelines, no EMIs on loans for next 3 months: Chairman

J&K Bank to fully implement RBI guidelines, no EMIs on loans for next 3 months: Chairman

Srinagar, Mar 27: Finally Some Relief in these extraordinary times. The borrowers in Jammu and Kashmir have got a reason to smile as Jammu and Kashmir Bank will not deduct EMIs on all loans for the next three months considering the ongoing coronavirus pandemic that has rattled the entire globe.…

COVID-19: Won’t allow rush in banks, ATMs; JK Bank Chief

COVID-19: Won’t allow rush in banks, ATMs; JK Bank Chief

Srinagar, March 26: At a time when Jammu and Kashmir administration is implementing lockdown in letter and spirit with Kashmir reporting its first death due to Covid-19, J&K Bank Chairman Thursday made a fervent appeal to its customers not to create rush in Banks and ATMs to maintain social distancing.…

No charges for withdrawal of money from ATMs for next 3 months: Union FM

No charges for withdrawal of money from ATMs for next 3 months: Union FM

Srinagar, Mar 24: The Government of India Tuesday said that no cost will be charged to debit card holders who withdraw cash from ATMs for next three months. According to wire service—Kashmir News Observer (KNO), this announcement was made by Union Finance Minister Nirmala Sitharaman. She said that debit card…

Coronavirus outbreak: Reliance Jio offering 102GB 4G data for Rs 251 under new ‘Work From Home’ plan

Coronavirus outbreak: Reliance Jio offering 102GB 4G data for Rs 251 under new ‘Work From Home’ plan

March 23: Work from Home is the talk of the town amid the increasing rage of the Coronavirus but the pandemic has also given the opportunity to internet providers to make merry of the needs of the people. A lot of industries now function principally on the internet and hence…

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