When was JK Bank established?

October 1, 1938Jammu & Kashmir Bank / Founded

Who is the owner of JK Bank?

Ministry of Finance
Government of Jammu and Kashmir
Jammu & Kashmir Bank/Parent organizations

How many branches does JK Bank have?

Jammu And Kashmir Bank Limited (J & K) a state owned bank was incorporated in 01 October 1938 and commenced its business from 04 July 1939 at in Kashmir (India). As on 31 December 2020 the bank had a distribution network of 956 branches and 1382 ATMs across the country.

Why JK Bank is private bank?

The Jammu and Kashmir Bank has been registered as a private sector bank even when the State has a 59.3% stake. The bank is the only listed company of the State which has the control of the State’s 60% loans and deposits.

Will JK bank merge?

“However, the Union Ministry of Cooperation headed by Amit Shah has advised the J&K Government not to merger these banks and instead focus on strengthening the three-tiers structure of cooperative banking”, official sources told EXCELSIOR.

How many employees does JK bank have?

J&K Bank corporate office is located in M A Road, Srinagar, Kashmir, India and has 670 employees.

Is JK bank Nationalised bank?

Overview. Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. Bank is listed on the NSE and the BSE and has its Corporate Headquarters at Srinagar.

What is the full form of J and K?

Jammu and Kashmir (union territory)

How many J&K banks are in India?

Jammu And Kashmir Bank has 1035 branches in 21 states / union territories of India.

Will JK Bank merge?

What is the salary of JK Bank PO?

JK Bank Probationary Officer Salary The starting basic pay as per the scale 23700-980/7-30560-1145/2-32850-1310/7-42020 is Rs. 23700/-with other perks that are applicable to Junior Management Grade Scale-l.

Is Jk bank private or government?

YEAR EVENTS 1938 – The Jammu & Kashmir Bank Ltd was incorporated in 1938 to extend banking facilities in Jammu & Kashmir. – The bank was constituted as a government company under Companies Act, 1956 and is functioning as bankers to the state government.

What is the salary of JK Bank?

The starting basic pay is Rs. 23700/- in a scale of 23700-980/7-30560-1145/2-32850-1310/7-42020 and other perks applicable to Junior Management Grade Scale-l. A newly recruited Probationary officer will get Rs. 23700/- as a Basic Pay per month.

How many districts are there in JK?

districts were created taking the total number of districts in the state to 14. At present, the Kashmir Province comprises the districts of Srinagar, Budgam, Pulwama, Anantnag, Kupwara, Baramulla, Leh and Kargil and the Jammu Province comprises the districts of Jammu, Kathua, Poonch, Rajouri, Udhampur and Doda.

What is the starting salary of JK Bank associate?

The newly recruited Bank Associate will get the basic pay that is Rs. 23700 with two increments in advance. After that, the employees will get an increment of Rs. 980 for coming seven years.

What is the gross salary of JK Bank PO?

Salary

Post	Salary
J&K Bank Probationary Officer (PO)	Basic Salary – Rs. 36000/- per month. Payscale – Rs. 36000-1490/7-46430-1740/2-49910-1990/7-63840

Which is the largest district in J&K?

Leh(Ladakh)
Leh(Ladakh) is the largest district of jammu & kashmir covering area of 45110 km² while Ganderbal is the smallest district of jammu & kashmir covering area of 259 km²….List of Districts of Jammu & Kashmir.

#	1
District	Anantnag
Area (km²)	3,574
Population (2011)	10,78,692
Density (/km²)	302

What is JK Bank PO salary?

PO salary in J&K Bank ranges between ₹ 7.2 Lakhs to ₹ 9.2 Lakhs.