Jammu & Kashmir Bank (J&K Bank) has inaugurated the new premises of Business Unit at Ladoora in Rafiabad. The bank has also dedicated one more ATM to public at Nehalpora Pattan, Jammu & Kashmir. With this ATM, the total number of such teller machines in the Zone has reached to 119. This is part of bank commitment to provide world class banking services and products besides comfortable ambience for public convenience.
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. J&K Bank holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.
