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J&K Bank to come under RTI, CVC

17 Jun 2019 Evaluate

Jammu & Kashmir Bank (J&K) will now come under the purview of Right to Information Act (RTI) and Central Vigilance Commission (CVC) guidelines. The decision was taken by the Board of Directors of the Bank and its will ensure greater transparency and accountability.

The decision comes after Parvez Ahmed was removed as the Chairman of the J&K Bank for alleged corruption, nepotism and favouritism.

Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.

Peers
Company Name CMP
HDFC Bank 680.00
ICICI Bank 1388.50
Axis Bank 1206.20
Kotak Mahindra Bank 442.85
Indusind Bank 831.00
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