MoneyWorks4Me

Jammu & Kashmir Bank opens new Business Unit in Anantnag

18 Jun 2014 Evaluate

Jammu & Kashmir Bank (JKB), a private sector scheduled commercial bank, has opened new Business Unit at village Imoh, Anantnag. Moreover, the bank has also commissioned 5 more ATMs 4 in district Anantnag and 1 in Shopian.

Jammu & Kashmir Bank is the only state government owned bank in the country with the Government of J&K (GoJK) holding around 53% shareholding in the bank. JKB holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1332.55
Axis Bank 1231.55
Kotak Mahindra Bank 430.10
Indusind Bank 898.95
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