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RBI allows Jammu & Kashmir Bank to extend rehabilitation benefits to borrowers

06 Jan 2020 Evaluate

The Reserve Bank of India (RBI) has permitted Jammu and Kashmir Bank to extend the rehabilitation benefits applicable to the borrowers affected by disturbance/events in the union territory of J&K, as per master directions on relief measures by the banks in areas affected by natural calamities. The bank has accordingly initiated the process to implement rehabilitation package to its borrowers.

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 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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