Despite chairman's ousting, for all branches of J&K Bank, it's business as usual - News Summed Up

Despite chairman's ousting, for all branches of J&K Bank, it's business as usual


Jammu/Srinagar: It was business as usual at all the branches of J&K Bank in Jammu and Kashmir and outside on Monday -- two days after the searches carried out by the Anti-Corruption Bureau (ACB) at the bank's corporate headquarters in Srinagar city. All branches of the bank started their operations normally on Monday. Customers transacted, deposit and loan business at the branches in both the Valley and the Jammu region as usual. There has been a dip in the bank's share value when the NSE opened on Monday morning. Bank officials have expressed confidence that the share will pick up quickly as the day progresses.


Source: Mint June 10, 2019 06:56 UTC



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